TMC Lender Members can now access MISMO FRAME, a ready-to-use AI governance framework for mortgage lenders, at an exclusive member rate.
The Mortgage Collaborative has partnered with MISMO to bring TMC Lender Members access to FRAME, MISMO’s Framework for Responsible AI in Mortgage Ecosystems, at a substantially reduced membership rate. AI governance has become one of the most common questions we hear from members, and this partnership gives our network a documented, mortgage specific way to build a program. Standard MISMO membership runs $1,000 a year. Through this partnership, TMC Lender Members can activate theirs for $500.
The Impact for TMC Members
Many lenders have moved past the experimentation stage with AI. Teams are deploying it across more parts of the business, and that shift is drawing closer attention from regulators, investors, and business partners. MISMO built FRAME to align with expectations from Fannie Mae and Freddie Mac, and it accounts for state level AI governance requirements that continue to take shape. Having a documented governance program in place gives lenders a stronger footing for those conversations.
This is also a good example of what a cooperative can do for its members. Negotiating a reduced rate for the entire network took relationships and time that most individual companies do not have room for in a busy quarter. Members get the benefit of that work without having to do any of it themselves.
Jodi Hall, TMC’s President & CEO, sees this as a direct response to something she hears from members constantly. “Our members ask me about AI governance more than almost any other topic these days,” she said. “They know the technology is moving into every corner of the business. They want a clear, responsible way to keep up, and they don’t want it to feel like another full time job. FRAME gives us that starting point. Bringing this benefit to our network through MISMO is a direct answer to what our members have been telling us they need, and it is exactly the kind of collaboration this network was built around.”
At A Glance
- TMC Lender Members can activate MISMO membership for $500, half the standard $1,000 annual rate.
- Membership unlocks FRAME, MISMO’s Framework for Responsible AI in Mortgage Ecosystems, along with the rest of the MISMO member portal.
The Benefits:
FRAME gives lenders a documented starting point for building an AI governance program. Members who activate the benefit receive a template AI governance policy and set of procedures, so teams do not have to draft one from a blank page. They also get an AI use case inventory tool to track where AI shows up across the business, and a risk assessment tool to evaluate each use case as it is added. A full implementation guide walks through how to put all of it to work.
MISMO is expanding FRAME further, adding tools for ongoing monitoring, incident reporting, and change management. That means the toolkit will keep pace as lenders find new places to put AI to work. Seventy TMC member companies already hold MISMO membership and have FRAME in hand, so a good part of our network is already putting these tools to use.
Thank You To Our TMC Ai Committee:
This kind of partnership takes intentional work behind the scenes. Our AI Committee spent months alongside Brian Vieaux and the team at MISMO to bring it to life. Erin Dee and James Brody, along with Amy Azorandia’s governance subcommittee, pushed the work forward on our end, ensuring the benefit would fit what our members need day-to-day.
How to Activate
Activating the benefit takes one step. Members visit the MISMO membership page linked below, select the reduced TMC rate, and gain immediate access to FRAME, along with the rest of the MISMO member portal.
