FormFree – PROGRESS in Lending

FormFree’s AccountChek Joins Forces With Freddie Mac To Create An Industry First

February 22, 2022 PROGRESS In Lending AccountChek, direct deposit data, FormFree, Freddie Mac

FormFree’s AccountChek digital asset verification service will support a first-of-its-kind solution from Freddie Mac that allows mortgage lenders to assess a prospective homebuyer’s income using direct deposit data. Available to mortgage lenders nationwide, Freddie Mac’s Loan Product Advisor (LPA) asset and income modeler (AIM) solution fulfills mortgage verification of assets (VOA) and verification of income (VOI) requirements.

In The News

FormFree Integration With OpenClose Enhances Lending Experience

November 3, 2021 PROGRESS In Lending FormFree, integration, OpenClose

FormFree Founder and CEO Brent Chandler today announced the availability of its AccountChek financial data verification service within OpenClose, a fintech provider of mortgage software solutions for banks, credit unions and mortgage lenders. The integration embeds AccountChek into OpenClose’s ConsumerAssist Enterprise POS and LenderAssist LOS, giving borrowers the freedom to electronically permission verification data with ease when applying for a mortgage loan.