Today Skip welcomes Brian Vieaux, president of MISMO (Mortgage Industry Standards Maintenance Organization), a nonprofit that creates mortgage data standards so technologies can exchange loan data seamlessly. Brian explains MISMO’s recent Mortgage Compliance Dataset, developed over two-plus years after parallel requests from CSBS regulators and a large 50-state lender to standardize state audit data requests; vendors are now building solutions on it to help regulators and reduce lender costs. He discusses MISMO’s small staff, industry workgroups, funding via vendor membership and a voluntary lender Innovation Investment Fund, and adoption challenges, especially legacy platforms versus newer AI-focused startups building on MISMO standards. Brian also previews a second edition of “Rethink Everything” for next-gen loan officers focused on AI, and promotes the June 1–4 MISMO Spring Summit in Louisville with hybrid access.
Episode highlights:
00:00 Welcome and Intro
00:21 What MISMO Does
01:09 Standards in Action 1003
03:40 Mortgage Compliance Dataset
09:00 Workgroups and Adoption
09:59 Funding and Buy In
13:43 Legacy Tech and AI Startups
15:24 Rethink Everything Series
18:33 Michigan State Trivia
20:41 Connect and Spring Summit
21:51 Closing Thanks
