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<a href="http://www.accessmylibrary.com/article-1G1-134687830/mismo-and-institute-working.html" title="Facts and information about MISMO and Institute Working on Standards.(Appraisal Institute and Mortgage Industry Standards Maintenance Organization to bring out real estate appraisal standards)(Brief Article)">MISMO and Institute Working on Standards.(Appraisal Institute and Mortgage Industry Standards Maintenance Organization to bring out real estate appraisal standards)(Brief Article)</a>
MISMO and Institute Working on Standards.(Appraisal Institute and Mortgage Industry Standards Maintenance Organization to bring out real estate appraisal standards)(Brief Article)
Mortgage Servicing News
|
August 01, 2005 |
Garritano, Anthony |
COPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Washington -- MISMO is making inroads to standardize the appraisal sector. Property data standards are in the final stages of approval and MISMO has entered into an alliance with the Appraisal Institute that will hopefully result in one appraisal standard as well.
"For about the past two-and-a-half-to-three years we've been trying to create standards for property," said Jeff Bradford, president of Bradford Technologies and an active MISMO participant. "It's really the foundation for the whole process. We've been working with originations all the way to the recorders. For example, when you enter the address in on the 1003, that same chain can go all the way through to the investor to ...
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