Ellie Mae Exec Appointed to MISMO Governance Committee

""Ellie Mae"":http://www.elliemae.com, an enterprise mortgage origination solutions provider headquartered in Pleasanton, California, announced Wednesday that Stephanie Berger, the[IMAGE]company's director of e-mortgage solutions, has been appointed to the Mortgage Bankers Association's MISMO (Mortgage Industry Standards Maintenance Organization) residential governance committee.

Reporting to the MISMO board of directors, the organization's governance committee is responsible for administering the day-to-day standards development activities of MISMO and for maintaining the architectural consistency of the MISMO standards in accordance with MISMO's policies and procedures. The committee is comprised of 18 representatives elected from MISMO subscriber companies that do business in the residential mortgage industry. Each member serves for a two-year term, with half of the seats up for election each year.

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""Ellie Mae believes in supporting and contributing to the standards that will bring more efficiency and productivity within the mortgage industry, especially in these changing times,"" said Limin Hu, co-founder and chief technology officer for Ellie Mae. ""We are very pleased to have Stephanie contributing on this important committee.""

Berger has an eight-year history with MISMO that began in 2001 as co-chair of MISMO's origination workshop and leader of the closing subgroup, where she collaborated in the development of the Closing v2.3 dataset, the first MISMO standards release that facilitated processes critical to the paperless mortgage initiative.

Berger also served as a representative on core data structures and on MISMO's council of chairs, for which she was acknowledged as a 2006 MISMO IT all-star by _Mortgage Banking_ magazine. Most recently, she was a collaborator in the Closing v2.6, the most recent standards release that supports recent changes to the Real Estate Settlement Procedures Act (RESPA), the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), and loan modification package implementation efforts.

In her current position with Ellie Mae, Berger is responsible for aligning the company's e-mortgage data formats with MISMO standards, and incorporating MISMO standards in Ellie Mae's current and future initiatives, which include e-disclosures, e-signing, e-closings, and e-notes.