PartyRoleType

Description
A value from a MISMO defined list that identifies the role that the party plays in the transaction. Parties may be either a person or legal entity. A party may play multiple roles in a transaction.

Type : PartyRoleEnum
Value Description
Appraiser
AppraiserSupervisor
AssignFrom
AssignTo
AttorneyA person admitted to practice law in at least one jurisdiction and authorized to perform criminal and civil legal functions on behalf of clients.
AttorneyInFactA person who is authorized to act as agent or attorney on behalf of another person.
AuthorizedRepresentativeA party that acts as an intermediary or representative for another party.
AuthorizedThirdPartyA individual or legal entity that has been authorized by the borrower to speak on their behalf in matters concerning the loan.
BankruptcyFilerThe party who initiates a bankruptcy filling.
BankruptcyTrusteeThe individual or legal entity that is in charge of administering the bankruptcy case.
BeneficialInterestPartyPerson or organization who has the beneficial interest in the deed of trust.
BillToParty
BorrowerAn individual or entity that has applied for, met specific requirements of, or received a monetary loan from a lender.
Builder
Client
ClosingAgentThe legal entity responsible for executing legally binding documents regarding a lien on property that is subject to a mortgage loan. This process may also be called 'closing ', 'escrow' or 'settlement' in different jurisdictions.
ConservatorThe person or entity who is appointed to manage the financial affairs of someone who is not capable of managing their own affairs, like for a child or mentally incompetent person.
ConsumerReportingAgencyA party which, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties, and which uses any means or facility of interstate commerce for the purpose of preparing or furnishing consumer reports. The consumer reports are used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing the consumer's eligibility for: (a) credit or insurance to be used primarily for personal, family, or household purposes; (b) employment purposes; or (c) any other purpose authorized under the Fair Credit Reporting Act (FCRA), section 604 [15 U.S.C. Section 1681b]. (Source: Fair Credit Reporting Act, section 603 [15 U.S.C. Section 1681a])
CooperativeCompanyCooperative Company is the legal entity of the housing cooperative.
CorrespondentLender
Cosigner
CreditCounselingAgentThe individual or legal entity that provides credit counseling.
CreditEnhancementRiskHolderIn the provision of credit enhancement, secondary to primary MI, the holder of the loss in accordance with the credit enhancement type.
CustodianNotePayTo
DefendantThe party sued or accused in a court of law
DeliverRescissionTo
DesignatedContactAn individual designated by a party as their specified contact.
DocumentCustodian
ENoteControllerController of the enote in the e mortgage registry.
ENoteControllerTransfereeThe party to whom control is being transferred.
ENoteCustodianA member of the eRegistry that maintains the Authoritative Copy of the eNote either as Controller or as a custodian on behalf of the Controller.
ENoteCustodianTransfereeThe party to whom custody is being transferred.
ENoteDelegateeForTransfersA member of the eRegistry that is authorized by the Controller to perform certain transfer transactions on behalf of the Controller.
ENoteRegisteringPartyThe party initiating the registration transaction.
ENoteServicerA member of the eRegistry that is authorized by the Controller to perform certain MERS eRegistry transactions on the Controller's behalf. The Servicer on an eNote record can submit Change Data and Change Status transactions.
ENoteServicerTransfereeThe party to whom servicing is being transferred.
ENoteTransferInitiatorThe party initiating the transfer transaction.
ExecutorThe person or entity named in a will who has the responsibility of carrying out the terms of the will (that is, collecting the will maker's assets, paying the debts, and distributing the remaining assets to the beneficiaries)
FHASponsor
FloodCertificateProvider
FulfillmentParty
GiftDonorThe party who has donated gift(s) that can be used by the loan applicant for down payment or other expenses.
GranteeThe party to whom a transfer or conveyance of property is made. The buyer is commonly known as the grantee.
GrantorThe party who conveys or transfers ownership of property. The seller is commonly known as the grantor.
HazardInsuranceAgent
HazardInsuranceCompany
HomeownersAssociationA legal entity that manages the common areas of a planned unit development, cooperative or condominium.
HousingCounselingAgencyThe legal entity who addresses a client's unique financial circumstances or housing issues and focuses on ways of overcoming specific obstacles to achieving a housing goal.
HousingCounselingAgentIndividual who addresses a client's unique financial circumstances or housing issues and focuses on ways of overcoming specific obstacles to achieving a housing goal.
HUD1SettlementAgentThe party specified as the Settlement Agent on the HUD-1.
Interviewer
InterviewerEmployer
Investor
IRSTaxFormThirdParty
LawFirm
Lender
LenderBranch
LienHolder
LoanCloserA representative of a bank, credit union, or other financial institution who is the primary contact for preparing the closing mortgage documents package.
LoanDeliveryFilePreparerThe entity submitting a loan delivery file to an investor
LoanFunderA representative of a bank, credit union, or other financial institution who authorizes disbursement of loan funds.
LoanOfficer
LoanOriginationCompanyThe entity that originated the loan.
LoanOriginatorThe individual at the entity that originated the loan.
LoanProcessorThe party who performs clerical or support duties at the direction of and subject to the supervision and instruction of the loan officers
LoanSeller
LoanUnderwriterThe party who decides whether to approve or reject the loan application based on a comprehensive review of the loan application and the applicants' credit report.
LossPayee
ManagementCompany
MICompany
MortgageBroker
NonTitleNonSpouseOwnershipInterestAn individual who has a beneficiary or ownership interest in the property but does not hold title and is not a spouse in a legally recognized marriage, such as in states that recognize common law marriage.
NonTitleSpouseIndividual associated with the borrower, usually the spouse, who is not obligated on the loan nor are they a title holder on the subject property. Nevertheless they have certain rights with regard to the loan and disposition of the property.
Notary
NotePayToThe individual or legal entity whose name appears on a note to whom the repayment of the obligation is due.
NotePayToRecipient
Other
Payee
PlaintiffThe party who initiated a case against another in a court of law
PoolInsurerThe legal entity that provides the insurance for the pool.
PoolIssuerIdentifies the role of the organization that created the pool.
PoolIssuerTransfereeIdentifies the role of the organization to whom the pool was transferred
PreparedBy
ProjectDeveloper
ProjectManagementAgent
PropertyAccessContactThe individual or legal entity that will allow access to the property.
PropertyJurisdictionalAuthorityRefers to the jurisdictional authority that has dominion over the property.
PropertyOwnerIndividual or entity with legal title to a property.
PropertyPreservationAgentA person or legal entity contractually responsible for maintaining, managing and preserving the residential real estate property that is owned by another party or entity. They are typically used by a Servicer when the property is abandoned, vacant or about to be vacated.
PropertyPurchaserThe individual or legal entity that will purchase or has purchased the property, and is not a borrower on the subject loan.
PropertySeller
RealEstateAgent
ReceivingParty
RegistryOperator
RegulatoryAgencyA party that provides regulatory oversight.
RequestingParty
RespondingParty
RespondToParty
ReturnTo
ReviewAppraiser
SecurityIssuerThe entity that creates and issues an asset backed security for sale on the open financial market.
ServiceBureau
ServiceProviderAn organization, business or individual which offers a service to others in exchange for payment.
Servicer
ServicerPaymentCollection
SettlorThe party who establishes the trust and transfers the original assets, such as the subject property, into the trust for the trustee to hold and manage on behalf of the trust. Also referred to as the trustor or grantor of the trust.
Spouse
SubmittingParty
TaxableParty
TaxAssessorThe authority tasked with assessing value for taxation purposes on behalf of a governmental agency for an area, city, municipality or county that has its own distinct taxing regulations with the power to levy and collect taxes on real property.
TaxCollectorThe authority tasked with collecting taxes on behalf of a governmental agency for an area, city, municipality or county that has its own distinct taxing regulations with the power to collect taxes on real property.
Taxpayer
TaxServiceProviderAggregator for all taxing authorities associated with the property.
TaxServicer
ThirdPartyInvestor
ThirdPartyOriginator
TitleCompanyThe legal entity which is responsible for issuing the title insurance policy on behalf of the title underwriter. This entity may be an individual title agent, a corporate title agency, or a direct operation of a title underwriter.
TitleHolder
TitleUnderwriterThe legal entity which is the insurance underwriting company assuming coverage risk under the title insurance policy.
TrustA legal entity that holds funds, assets or real property for the benefit of another.
TrustBeneficiary
TrusteeThe party selected by the beneficiary of the Deed of Trust or the settlor/grantor/trustor/ of a trust to oversee and manage the assets held in trust for the benefit of the named beneficiaries. An individual or a financial institution can serve as trustee.
UnspecifiedAn individual or legal entity whose role is not germane or cannot be immediately ascertained with respect to an event.
WarehouseLender
Witness

Definition
A value from a MISMO defined list that identifies the role that the party plays in the transaction. Parties may be either a person or legal entity. A party may play multiple roles in a transaction.
(Defined in file MISMO_3.4.0_B324.xsd , or a file it imports)

Attributes
DataNotSuppliedReasonTypeA value from a MISMO prescribed list that specifies the reason a specific data point is not included in the message.
DataNotSuppliedReasonTypeAdditionalDescriptionA free-form text field used to provide a supplemental comment or remark regarding the Data Not Supplied Reason Type.
DataNotSuppliedReasonTypeOtherDescriptionA free-form text field used to capture the enumeration when Other is selected for Data Not Supplied Reason Type.
label
SensitiveIndicatorAllows producers and consumers of XML instance documents that are valid MISMO V3 documents to mark any data point to be treated as sensitive. MISMO recommends that any use of a data point labeled as "Sensitive Information" in the LDD ALWAYS have this attribute set to "true".

Parents
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\PARTIES\PARTY\ROLES\ROLE\ROLE_DETAIL