MISMO Seeks Public Comment on Engineering Guidelines 21 and 40

CONTACT
Tara Dunion
tdunion@mba.org
(202) 557-2849

WASHINGTON, D.C. (May 19, 2021)MISMO, the real estate finance industry's standards organization, announced today that it seeks public comment on MISMO Engineering Guidelines (MEG) 21 and 40. The 30 day public comment period for both guidelines runs through June 18, 2021.

The MISMO MEGs ensure that MISMO work products adhere to all applicable technology standards, are produced in a consistent fashion, and meet the needs of the mortgage industry.  

MEG 21 provides guidance for term name, data point name, enumerated value and container name representations. MISMO's Architecture Workgroup has recently updated MEG 21 to change mentions of "XML" to "data interchange" to prepare for the use of JSON and possibly other formats and include reference to the Logical Data Dictionary.  

MEG 40 offers guidelines for the data point and container definitions. MISMO's Architecture Workgroup recently made updates to MEG 40 by modifying the introduction to remove XML specific language, updating language in sections 40.2.1 and 40.1 and adding 40.2.3 and 40.2.4 definition rules for detail containers.   These public comment periods allow those who participated on the proposals at least 30 days notice prior to final release to review and disclose any applicable Patent Rights (as defined by MISMO's 2018 Intellectual Property Rights Policy).    

MISMO requests that any non-participant organization that may have any patent or patent applications, or other intellectual property rights that might be infringed upon by an organization that uses or is compliant with these proposed MISMO products, to disclose them at this time in writing. All comments and disclosures should be directed to info@mismo.org.  

For more information about MISMO, visit www.mismo.org