The Commercial Mortgage Securities Association and the Mortgage Industry Standards Maintenance Organization (MISMO), a subsidiary of the Mortgage Bankers Association (MBA), are developing an Extensible Markup Language (XML) version of the CMSA Investor Reporting Package. This alliance “benefits the entire commercial and multifamily mortgage industry because it makes possible the development of a single technical infrastructure for XML-based data transfer across the entire spectrum of commercial finance,” said Gabe Minton, technology chief at the MBA.