Regulatory Readiness Through Data Clarity: How the MCD Tech Sprint is Redefining Collaboration
Building regulatory readiness isn’t something you simply hope for, it’s something you shape.
That’s exactly what’s happening with the Mortgage Compliance Dataset (MCD) Tech Sprint, a joint initiative from the Conference of State Bank Supervisors (CSBS) and MISMO that kicks off December 3rd.
This is not just a demo or proof of concept. It’s a real-time collaboration between regulators, lenders, and technology providers to define what compliance efficiency should look like for the entire independent mortgage banking ecosystem.
From Fragmentation to Alignment
For decades, state exams have been conducted in different formats, using varied data definitions and submission processes. Each examination meant reformatting, remapping, and reconciling, a manual effort that drained resources and slowed the pace of improvement.
The MCD aims to fix that by creating a common data language for compliance. When every lender and regulator adopts the same standard data elements, from loan origination to servicing events, it eliminates friction and brings consistency to the review process.
Think of it this way: just as MISMO data standards power efficiency in origination and secondary markets, the MCD standard will do the same for supervision and oversight. It’s regulatory readiness through data clarity.
Why This Matters Now
For independent mortgage banks, the regulatory landscape isn’t getting simpler. Examination frequency and data requests continue to grow, even as teams operate with tighter budgets and smaller staffs.
The MCD Tech Sprint is an opportunity to get ahead of the curve. Participating lenders and vendors aren’t merely responding to rules, they’re helping to shape the structure those rules will be built on.
This kind of proactive collaboration delivers tangible advantages:
Less manual prep - when your data aligns with the MCD, you’re already “exam ready.”
Smarter oversight - regulators can analyze structured data faster and more consistently.
Shared certainty - everyone is working from the same definitions, improving transparency and reducing the potential for misinterpretation.
It’s the difference between reacting to change and designing the future.
A Living Example of Industry Collaboration
At MISMO, our mission has always been to connect the dots across the housing ecosystem through standards, interoperability, and trust. The MCD Tech Sprint is a powerful, visible example of that mission in action.
Here, industry and regulators are co-creating, not negotiating, solutions. By aligning around a shared dataset, we’re demonstrating how collaboration can scale impact across the market.
It’s also proof that data standardization is not just a technical project, it’s a strategic one. The institutions that lean into this work early will not only gain compliance efficiency but also strengthen their operational resilience and market credibility.
The Road Ahead
The Tech Sprint runs through early 2026, with working groups tackling real adoption barriers, everything from system integration challenges to data mapping tools. The result will be a dataset that reflects the collective input of those who live and breathe mortgage compliance every day.
For MISMO, this is just the beginning. We see a future where data standards don’t just make lending faster and cheaper, but also make regulation clearer, risk management smarter, and consumer outcomes stronger.
When lenders and regulators speak the same language, we all move faster, with greater confidence and less friction.
The Call to Participate
If you’re an IMB leader, compliance officer, or technology provider, now is the moment to get involved. The MCD Sprint is open, inclusive, and designed for engagement.
By joining, you’ll not only influence how the dataset evolves, but you’ll also ensure your
organization is building its compliance processes on the foundation of future alignment.
Because in this new era of supervision, regulatory readiness starts with data clarity.
Upcoming Key Dates / Events:
Get To Know MISMO Webinar - Nov 4th
5 Key MISMO Initiatives Webinar - Nov 13th
MCD Tech Sprint Kickoff Dec 3rd
MISMO Winter Summit January 2026
Want to learn more about the Tech Sprint and/or MISMO in general? Shoot me a email, I’d love to jump on call.