SAN FRANCISCO, Calif., July 5, 2022 - Qualia, the leading digital mortgage and real estate closing platform, today announced that Qualia’s remote online notarization (RON) solution has been certified as compliant with the MISMO RON Standards.
MISMO is the standards development body for the mortgage industry. MISMO standards are accepted and deployed by every type of entity involved in creating mortgages, and they are required by most regulators, housing agencies and the GSEs that participate in the industry. MISMO created its RON standards to promote consistency across mortgage industry practices and state regulations to allow the use of audio-visual communication devices to notarize documents in a virtual online environment.
For lenders, title and escrow businesses, and consumers, this accreditation is certified assurance that Qualia satisfies industry standards. These include, among other things, requirements for credential analysis and verification, audio/video quality, secure storage of notarial and post-execution documents, county recordings, and security concerns.
"We appreciate the work MISMO does to support the industry and are pleased to demonstrate our security and quality standards via the MISMO RON certification program," said Reggie Davis, General Counsel at Qualia. "We built Qualia RON directly into Qualia’s title production software to give our business users better control of the remote closing experience when determining how their clients will choose to close."
For more information on Qualia’s industry-leading security and privacy practices, visit https://www.qualia.com/security-and-privacy/
Qualia is the leading comprehensive digital closing platform used by title, escrow, real estate and mortgage lending professionals to transform home buying and selling into simple, secure, enjoyable experiences for millions of homeowners each year. The Qualia platform provides a system of record for the real estate settlement ecosystem, on one secure operating system, through a suite of workflow, accounting, reporting, and communications products as well as its expansive product and service integrations. Qualia is headquartered in San Francisco, CA and has offices in Austin, TX, and Superior, CO. For more information on Qualia, visit www.qualia.com.