MISMO president steps down, replacement named

MISMO, the real estate finance industry’s standards organization, has announced the appointment of Jan Davis (pictured) as acting president.

Davis succeeds Seth Appleton, who is departing the organization to join the US Mortgage Insurers (USMI) as president in early 2023.

“Seth has been an exemplary leader of MISMO, successfully guiding the organization in developing new standards that improve efficiency, reduce costs, and accelerate the mortgage industry’s digital transformation,” said Bob Broeksmit, president and CEO of the Mortgage Bankers Association. “MISMO’s momentum will continue unabated during the active search for its next president.”