MISMO certifies Pavaso’s RON platform
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Technology
Monday, August 24, 2020
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Pavaso has received remote online notarization (RON) compliance certification from the Mortgage Industry Standard Maintenance Organization (MISMO).
MISMO’s program establishes industry standards for all RON providers, including credential analysis, borrower identification, capturing and maintaining a recording of the notary process electronically, audio and video requirements, record storage and audit trails.
The program is designed to increase adoption of RON-enabled digital mortgage closings and support the integrity and scalability of eMortgages.
“Pavaso has always worked closely with Secretary of State offices to obtain eNotary vendor approvals, where required,” Pavaso Vice President of Partner Relations and Government Affairs Nancy Pratt said in a release. “When working with these offices, many states considered our adherence to MISMO standards beneficial.
“The MISMO certification program is designed to enhance the vetting process by assuring states that certified RON vendors are conducting business in a more secure and consistent manner,” Pratt said. “We are very excited to be granted this certification.”
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