MISMO 3.4 Support

This section indicates the approach to import and create or update an existing loan with a MISMO 3.4 file, in accordance with the New URLA 2020 Mandate.

To create new loans using the MISMO 3.4 file, follow these steps:

  1. Convert the MISMO 3.4 File to the V3 Loan Contract using the V3 Converter API
  2. Using the response from Step 1, call the V3 Create Loan API to create the loan.
  3. You can then update the loan using V1 or V3 Update Loan API, based on what suits your usecase better.

To update an existing loan by importing a MISMO 3.4 File,

  1. Call the V3 Importer API to update the loan.
  2. You can then update the loan using V1 or V3 Update Loan, based on what suits your usecase better.