MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC

Financials

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

Address and contacts

Address (IRS master file)

1919 M STREET 5TH FL, WASHINGTON, DC 20036-3572

In care of

% MORTGAGE BANKERS ASSOCIATION

Principal officer (990 for 2024)

BRIAN VIEAUX, 1919 M STREET 5TH FL, WASHINGTON, DC 20036

Signed the 990

ALEXANDRA BRINTON, VICE PRESIDENT & CFO

Phone

(202) 557-2700

Website

WWW.MISMO.ORG

Return prepared by

CLIFTONLARSONALLEN LLP

Mission

TO DRIVE STANDARDIZED DATA AND INFORMATION AND IMPROVED BUSINESS PRACTICES BETWEEN ALL MORTGAGE STAKEHOLDERS THROUGH COLLABORATIVE AND INNOVATIVE INITIATIVES THAT IMPROVE EFFICIENCY, REDUCE COSTS AND FACILITATE STAKEHOLDER SUCCESS.

Program accomplishments

• MISMO IS THE STANDARDS DEVELOPMENT ORGANIZATION FOR THE MORTGAGE INDUSTRY AND IS THE CENTRAL POINT FOR COLLABORATION AMONG LENDERS, SERVICERS, REGULATORS, GOVERNMENT AGENCIES, INSURING AND GUARANTEEING AGENCIES, GOVERNMENT SPONSORED ENTERPRISES (GSES), AND TECHNOLOGY PROVIDERS. MISMO WAS ESTABLISHED IN 1999 AND BECAME A NOT-FOR-PROFIT SUBSIDIARY OF THE MORTGAGE BANKERS ASSOCIATION (MBA) IN 2004. MISMO DEVELOPED A COMMON LANGUAGE FOR EXCHANGING INFORMATION FOR THE MORTGAGE FINANCE INDUSTRY. EVERY RESIDENTIAL LOAN MANUFACTURED IN THE US UTILIZES MISMO STANDARDS. MISMO STANDARDS ARE ACCEPTED AND DEPLOYED BY EVERY TYPE OF ENTITY INVOLVED IN CREATING MORTGAGES, AND THEY ARE REQUIRED BY MOST REGULATORS, HOUSING AGENCIES AND THE GSES THAT PARTICIPATE IN THE INDUSTRY. USE OF MISMO STANDARDS IMPROVES EFFICIENCY AND REDUCES COSTS, ENHANCES THE SEAMLESS EXCHANGE OF DATA, SYSTEM, AND TECHNOLOGY PLATFORMS, AND ACCELERATES THE INDUSTRY'S DIGITAL TRANSFORMATION. MISMO STANDARDS BENEFIT LENDERS OF EVERY SIZE AND BUSINESS MODEL. MISMO HAS THE UNIQUE ABILITY TO CONVENE INDUSTRY PARTNERS TO SOLVE KEY BUSINESS CHALLENGES. THROUGH MISMO INDUSTRY PARTICIPANTS HAVE A SEAT AT THE TABLE TO WORK COLLABORATIVELY WITH INDUSTRY PLAYERS FROM ACROSS THE MORTGAGE ECOSYSTEM INCLUDING THE GSES AND GOVERNMENT HOUSING AGENCIES AND THEIR REGULATORS TO DEVELOP STANDARDS THAT SOLVE BUSINESS, OPERATIONAL, AND TECHNOLOGICAL CHALLENGES.MISMO STANDARDS ARE GROUNDED IN AN OPEN PROCESS TO DEVELOP, PROMOTE AND MAINTAIN VOLUNTARY CONSENSUS-BASED STANDARDS THAT ALLOW PARTICIPANTS IN THE MORTGAGE INDUSTRY SUCH AS MORTGAGE LENDERS, INVESTORS IN REAL ESTATE AND MORTGAGES, SERVICERS, INDUSTRY VENDORS, BORROWERS AND OTHER PARTIES TO EXCHANGE INFORMATION AND MORE SECURELY, EFFICIENTLY AND ECONOMICALLY.MISMO MEMBERS PAY ANNUAL DUES ON A CALENDAR YEAR BASIS. SOME ORGANIZATIONS PARTICIPATE AS MISMO CHAMPIONS, A HIGHER LEVEL OF MEMBERSHIP THAT COMES WITH ADDITIONAL BENEFITS. IN FY25 MISMO MAINTAINED ITS FOCUS ON ENABLING KEY INDUSTRY IMPLEMENTATION AND TECHNOLOGY INITIATIVES. DETAILS OF SOME OF THE MANY INITIATIVES COMPLETED OR IN PROCESS ARE NOTED BELOW.MISMO PUBLISHED THE COMMON CONFIDENCE SCORE STANDARD AND RELATED IMPLEMENTATION GUIDANCE TO ESTABLISH A CONSISTENT FRAMEWORK FOR COMMUNICATING AND EVALUATING THE RELIABILITY OF AVM-GENERATED PROPERTY VALUATIONS. THE STANDARD PROMOTES TRANSPARENCY, SUPPORTS RISK-BASED DECISION-MAKING AND REGULATORY COMPLIANCE EFFORTS, AND ENCOURAGES BROADER ADOPTION OF AUTOMATED VALUATION TECHNOLOGIES THROUGHOUT THE MORTGAGE LIFECYCLE.MISMO, IN COLLABORATION WITH THE CONFERENCE OF STATE BANK SUPERVISORS (CSBS), PUBLISHED THE MORTGAGE COMPLIANCE DATASET (MCD) TO ESTABLISH A STANDARDIZED LOAN DATA FRAMEWORK FOR REGULATORY EXAMINATIONS AND LOAN PORTFOLIO REVIEWS. THE STANDARD PROMOTES CONSISTENCY IN THE EXCHANGE OF MORTGAGE INFORMATION AMONG REGULATORS AND INDUSTRY PARTICIPANTS AND SUPPORTS LENDERS' QUALITY CONTROL, TESTING, AND COMPLIANCE ACTIVITIES THROUGHOUT THE LOAN ORIGINATION AND POST-CLOSING LIFECYCLE.MISMO PUBLISHED THE APPRAISAL PROCUREMENT DATASET SPECIFICATION TO STANDARDIZE THE ORDERING AND PROCUREMENT OF APPRAISAL AND OTHER PROPERTY VALUATION SERVICES ACROSS THE MORTGAGE INDUSTRY. THE SPECIFICATION PROVIDES A COMMON FRAMEWORK FOR EXCHANGING VALUATION ORDER INFORMATION, IMPROVING INTEROPERABILITY, REDUCING OPERATIONAL COMPLEXITY, AND SUPPORTING THE INDUSTRY'S TRANSITION TO MORE EFFICIENT, DATA-DRIVEN VALUATION PROCESSES.MISMO DEVELOPED A NEW STANDARD APPLYING SMART DOC V3 VERIFIABLE PROFILE FUNCTIONALITY TO SECURITY INSTRUMENTS TO IMPROVE THE INTEGRITY, RELIABILITY, AND AUTHENTICITY OF MORTGAGE LOAN DATA EXCHANGED AMONG INDUSTRY PARTICIPANTS. THE STANDARD ENABLES EMBEDDED DOCUMENT DATA TO BE AUTOMATICALLY VERIFIED AGAINST THE ASSOCIATED DOCUMENT IMAGE, REDUCING MANUAL VERIFICATION EFFORTS, ENHANCING DATA QUALITY, AND SUPPORTING MORE SECURE AND EFFICIENT MORTGAGE DOCUMENT PROCESSING.MISMO DEVELOPED THE SMART DOC V3 EHELOC SPECIFICATION TO SUPPORT THE CREATION, EXCHANGE, AND MANAGEMENT OF NATIVELY ELECTRONIC HOME EQUITY LINE OF CREDIT (HELOC) DOCUMENTS. THE SPECIFICATION ENHANCES INTEROPERABILITY, IMPROVES DATA INTEGRITY THROUGH AUTOMATED VERIFICATION CAPABILITIES, AND SUPPORTS MORE EFFICIENT AND SECURE DIGITAL MORTGAGE PROCESSES ACROSS ORIGINATION, PURCHASE, AND SERVICING ACTIVITIES.MISMO UPDATED ITS CONSUMER-FACING CHARGE AND FEE NAMING GUIDE TO IMPROVE CONSISTENCY, TRANSPARENCY, AND STANDARDIZATION IN THE NAMING AND EXCHANGE OF MORTGAGE-RELATED FEES. THE UPDATED GUIDE EXPANDS STANDARDIZED FEE TERMINOLOGY TO SUPPORT CLEARER CONSUMER DISCLOSURES, IMPROVE DATA QUALITY, REDUCE OPERATIONAL INEFFICIENCIES, AND FACILITATE MORE CONSISTENT IMPLEMENTATION ACROSS MORTGAGE INDUSTRY SYSTEMS AND PARTICIPANTS.ADDITIONAL HIGHLIGHTS IN THE DEVELOPMENT OF MISMO STANDARDS IN FY25 INCLUDE:-MISMO CONTINUED TO EXPERIENCE SIGNIFICANT TRACTION WITH RESPECT TO ADOPTION OF THE MISMO STANDARDS. -MISMO STANDARDS CONTINUED TO BE USED BY FANNIE MAE AND FREDDIE MAC TO COMPLY WITH THE REQUIREMENTS OF THE FHFA-MANDATED UNIFORM MORTGAGE DELIVERY PROGRAM (UMDP). MISMO STANDARDS WERE USED IN THE RE-WRITE OF THE GSES UPDATED UNIFORM APPRAISAL DATASET (UAD) REQUIREMENTS AS WELL AS FOR FHA, VA, GINNIE MAE, AND USDA MODERNIZATION EFFORTS.
• INDUSTRY COLLABORATION AND EVENTS:INDUSTRY COLLABORATION IS A CORE FUNCTION OF MISMO. MISMO STANDARDS ARE DEVELOPED THROUGH COLLABORATION OF MORTGAGE PROFESSIONALS AND CONDUCTED USING A VOLUNTARY CONSENSUS PROCESS IN ACCORDANCE WITH GOVERNANCE PROCEDURES. INDUSTRY COLLABORATION MAY SIMPLY BE AN EXCHANGE OF INFORMATION, IDEAS, AND/OR EDUCATION AROUND A SPECIFIC TOPIC. MISMO'S 35+ WORKGROUPS (WGS) ARE SUPPORTED BY INDUSTRY CONTRIBUTORS THAT FOCUS ON SPECIFIC BUSINESS PROCESS OR TECHNICAL DOMAINS. STANDARDS ACTIVITY IS CONDUCTED BY MORTGAGE INDUSTRY CONTRIBUTORS WHO CHAIR WORKGROUPS, AUTHOR BUSINESS AND TECHNICAL DOCUMENTATION AND CONTRIBUTE THEIR EXPERTISE TOWARDS CREATING INDUSTRY STANDARDS. MISMO LAUNCHED SEVERAL NEW COLLABORATIVE WORKGROUPS AND FORUMS IN 2025 INCLUDING:-LAUNCHED THE AG FINANCE WORKGROUP, A NEW GROUP FOCUSED ON AGRICULTURAL FINANCE STANDARDS LEVERAGING MISMO TO DEVELOP UNIVERSALLY ADOPTED DATASETS THAT SUPPORT THE AGRICULTURAL LENDING INDUSTRY WITH LOAN ORIGINATION, ONBOARDING, AND SERVICING PROCESSES.-LAUNCHED THE COMMERCIAL ENOTES WORKGROUP, TO DEVELOP A GLOSSARY OF COMMON TERMS THAT WILL BE USED IN THE GENERATION OF COMMERCIAL, HOME EQUITY LINE OF CREDIT, AGRICULTURE, AND MULTI-FAMILY DIGITAL MORTGAGES. IN JANUARY 2025, MISMO HOSTED ITS WINTER SUMMIT IN MIRAMAR BEACH, FLORIDA. THE EVENT INCLUDED FOUR PRODUCTIVE DAYS FULL OF PANEL PRESENTATIONS, WORKGROUP MEETINGS, AND STRATEGIC PLANNING SESSIONS WITH ATTENDEES FROM EVERY SECTOR OF THE INDUSTRY. MISMO AGAIN DEVELOPED SPECIAL PROGRAMMING FOCUSED ON GENERATIVE ARTIFICIAL INTELLIGENCE (AI) USE CASES AND DEMOS FROM ACROSS THE INDUSTRY FOLLOWED BY PRESENTATIONS COVERING KBA, THE FUTURE OF VALUATIONS, ECLOSING ADOPTION, IN ADDITION TO UPDATES FROM THE VA, GSE'S, FHA, AND A SESSION FOCUSED ON HELPING CONSUMERS BE BETTER PREPARED FOR THE COSTS OF HOMEOWNERSHIP ESPECIALLY WHEN IT COMES TO NATURAL DISASTERS.IN JUNE 2025, MISMO HOSTED ITS SPRING SUMMIT IN BOSTON, MASSACHUSETTS. THE EVENT FOLLOWED OUR USUAL FOUR-DAY FORMAT WITH ATTENDEES JOINING FROM EVERY SECTOR OF THE INDUSTRY KICKING OFF SESSIONS ON HOMEOWNERS INSURANCE, SIMPLIFYING AND ACCELERATING ADOPTION OF THE MISMO STANDARDS USING AI, AND OPEN BANKING. THERE WERE ALSO SESSIONS FOCUSED ON HOME EQUITY, ADMINISTRATION CHANGE, AND ENHANCING MORTGAGE QUALITY AND INVESTOR CONFIDENCE. THE GSES ALSO HOSTED A SESSION ON UAD AND URAR READINESS.IN SEPTEMBER 2025, MISMO HOSTED ITS FALL SUMMIT IN ANNAPOLIS, MARYLAND. THE EVENT KICKED OFF WITH WORKGROUP MEETINGS MONDAY MORNING, FOLLOWED BY AN AI BOOTCAMP TO GAIN HANDS-ON EXPERIENCE WITH REAL-WORLD CASE STUDIES AND LEARN HOW TO APPLY AI SOLUTIONS TO ACCELERATE YOUR BUSINESS GROWTH AND AN AGGREGATOR FORUM IN THE AFTERNOON. TUESDAY GENERAL EDUCATION SESSIONS INCLUDED REMARKS FROM BOB BROEKSMIT, PRESIDENT AND CEO OF THE MORTGAGE BANKERS ASSOCIATION. ADDITIONAL SESSIONS INCLUDED LEARNING HOW THE MORTGAGE COMPLIANCE DATASET WILL TRANSFORM THE WAY LENDERS COMPLY WITH STATE REGULATIONS, MORE AI FOCUSED PROGRAMMING, A DISCUSSION ON WHO THE CREDIT SCORING LANDSCAPE IS QUICKLY SHIFTING, AUTOMATED VALUATION MODELS, AND AN UPDATE FROM THE GSES.
• CERTIFICATION:MISMO CERTIFICATION OFFERINGS ARE A SUITE OF BUSINESS AND TECHNOLOGY CERTIFICATIONS. MISMO CERTIFICATIONS SAVE LENDERS TIME AND RESOURCES BY PROVIDING A CONSISTENT ASSESSMENT OF TECHNOLOGY PROVIDER CAPABILITIES, INCLUDING INFORMATION ON WHICH TECHNOLOGY PROVIDERS COMPLY WITH APPLICABLE MISMO STANDARDS/CERTIFICATION REQUIREMENTS, ENHANCING TRANSPARENCY AND INTEROPERABILITY, REDUCING THE POTENTIAL FOR REWORK. THESE CERTIFICATIONS ALSO ALLOW TECHNOLOGY PROVIDERS AN OPPORTUNITY TO HIGHLIGHT THEIR ADHERENCE TO MISMO STANDARDS. FURTHER, IN FY25 MISMO'S REMOTE ONLINE NOTARIZATION (RON) CERTIFICATION ENJOYED 27 RON PROVIDERS, 8 ECLOSING PROVIDERS HAVE BEEN CERTIFIED MISMO COMPLIANT, AND 7 EVAULT PROVIDERS WERE MISMO CERTIFIED. ADDITIONALLY, WE HAD 4 PRODUCT CERTIFICATIONS AND 5 MISMO CERTIFIED CONSULTANTS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

IRS record

EIN

51-0502943

Tax-exempt status

501(c)(6): Business league or chamber of commerce

Donations deductible

No

Exempt since

2007

Accounting year ends

September

Files

Form 990 or 990-EZ

Category (NTEE)

Community improvement and capacity building (S41)

Assets (IRS master file)

$3,866,989

Income (IRS master file)

$3,280,224

Filing history

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0502943).

Questions about MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC

What is the EIN of MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC?

The employer identification number (EIN) of MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC is 51-0502943.

Is MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2007.

Are donations to MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC tax-deductible?

No. The IRS master file says contributions to it are not deductible.

Which annual return does MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC file?

Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.

When is the next return of MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC due?

The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.

When did MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended September 2025.

Who is the principal officer of MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC?

The 990 for the year ended September 30, 2025 names BRIAN VIEAUX.

Who are the officers and directors of MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC?

The 990 for the year ended September 30, 2025 lists 33 people; 0 received compensation from the organization.

How much revenue does MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC have?

On its 990 for the year ended September 30, 2025 it reported revenue of $3,280,224, expenses of $3,665,181 and total assets of $3,866,989 at year end.

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