Associated Software Consultants Inc. (ASC), a provider of loan automation and secondary marketing software solutions, says its PowerLender Loan Origination System has received an updated MXCompliance certification, ensuring its continued compliance with the Credit Request v2.3.1 specification.
The MXCompliance certification program was created by the Mortgage Industry Standards Maintenance Organization Inc. (MISMO), which sets standards that facilitate the electronic transfer of mortgage industry data.
MXCompliance Certification confirms the compliance of real estate finance technology with MISMO's XML data exchange standards. This accreditation certifies that a technology solution is MISMO compliant by testing its ability to read and write in accordance with MISMO Standards. With this accreditation, ASC is able ensure customers and industry partners that PowerLender offers the efficiency and scalability associated with MISMO standards.