Business, Free News Articles, Software

FormFree grows executive team, appoints Eric Lapin chief strategy officer

ATHENS, Ga. -- FormFree® today announced that it has appointed Eric Lapin to the role of chief strategy officer (CSO). In this position, Lapin will leverage his more than 25 years' experience in leadership roles at marquee mortgage technology firms and financial institutions to steer the strategic vision and partnerships driving FormFree's growth.

Prior to joining FormFree, Lapin served as first vice president of corporate development, national agency services, at Old Republic Title, where he spearheaded the structuring of new solutions, corporate alliance building, and lender and agency business development. Before that, he held vice president and managing director positions at banner housing fintechs and financial institutions including Altisource, Black Knight, First American and Credit Suisse.

As CSO, Lapin will strategically identify and execute growth opportunities at FormFree. His responsibilities will include monitoring the execution of business initiatives, identifying key capital projects, driving strategic partnership opportunities and overseeing communications and marketing.

"My long-standing passion for helping lenders leverage technology to create a better mortgage experience has made this next step in my career an easy one," said Lapin. "In my new role as CSO, I look forward to supporting FormFree's vision of transforming the mortgage industry with innovative solutions designed to improve lender operations and expand consumer access to sustainable credit."

"Eric brings a wealth of experience and strategic know-how to the FormFree team, which he has acquired through decades of experience gaining mastery knowledge of mortgage lending and the technology ecosystem that powers it," said FormFree Founder and CEO Brent Chandler. "As FormFree continues to grow, Eric will play a central role in how our suite of revolutionary digital products is able to impact the housing finance industry and beyond."

Lapin is the second addition to FormFree's executive team in the last month, following FormFree's appointment of Patrick Rutherford, former finance executive at Intercontinental Exchange, as chief financial officer (CFO).

About FormFree®

As the industry's go-to provider for direct-source VOA and VOI/E data, FormFree helps lenders understand credit risk like never before. Our patented AccountChek® and Passport® products open doors to more inclusive credit decisioning by revealing each customer's true ability to pay (ATP®). We have completed over $3 trillion in loan verifications that help lenders lower operating costs while improving the borrower experience.

For more information, visit https://www.formfree.com/

Follow FormFree on LinkedIn: https://www.linkedin.com/company/formfree/

Related link: https://www.formfree.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Software

George Mason Mortgage selects FormFree AccountChek to streamline its verification of borrower assets, income and employment

ATHENS, Ga. -- FormFree® today announced that Washington, D.C.-based George Mason Mortgage (GMM) has selected AccountChek® as the regional lender's exclusive provider of automated asset, income and employment verification services. GMM will use AccountChek to simplify the loan application experience for borrowers, improve productivity for its team of 120 mortgage loan officers and reduce loan cycle times.

How It Works

A seamless integration between FormFree and GMM's mortgage point-of-sale software makes it easy for loan teams to order AccountChek verification of asset (VOA) and verification of income/employment (VOIE) reports with just a few clicks. Instead of manually gathering bank statements and pay stubs and submitting them to GMM, loan applicants can use AccountChek to digitally verify assets, income and employment in seconds using high-fidelity data and documentation sourced directly from financial institutions and payroll providers. The information collected by AccountChek is then automatically mapped to the Form 1003 Universal Residential Loan Application in GMM's loan origination software, eliminating the time and risk associated with manual data entry.

Because FormFree is an authorized asset verification report supplier for Fannie Mae's Desktop Underwriter® (DU®) validation service and Freddie Mac's Loan Product Advisor® (LPASM) asset and income modeler (AIM) solution, GMM receives freedom from representations and warranties for certain validated loan components, resulting in greater certainty when selling loans on the secondary market.

Early Results

Since rolling out AccountChek enterprise-wide at the beginning of the year, GMM has seen an eight-fold uptick in orders for automated VOA and VOIE. According to SVP of Information Systems Margie Ambrosio, AccountChek is helping the lender deliver a better borrower experience and compressing the time required for loans to progress from application to closing to investor purchase.

"Our borrowers wanted an easier way to document their ability to pay," said GMM SVP of Information Systems Margie Ambrosio. "AccountChek combines asset, income and employment verification into one easy step for borrowers and gives us an underwriter-ready report that can be refreshed at any point between initial application and closing. Eliminating repetitive requests for paper documentation is already improving efficiency in our loan origination process, reducing per-loan costs and streamlining vendor due diligence - not to mention delighting our customers."

A wholly owned subsidiary of United Bank, George Mason Mortgage is licensed to serve mortgage customers throughout the United States and maintains retail branches in 12 states plus the District of Columbia.

About FormFree®

As the industry's go-to provider for direct-source VOA and VOI/E data, FormFree helps lenders understand credit risk like never before. Our patented AccountChek® and Passport® products open doors to more inclusive credit decisioning by revealing each customer's true ability to pay (ATP®). We have completed over $3 trillion in loan verifications that help lenders lower operating costs while improving the borrower experience. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

About George Mason Mortgage, LLC

Based in Fairfax, Virginia, George Mason Mortgage was founded in 1980 and is a wholly owned subsidiary of United Bank. We have been consistently ranked as a top lender in the mid-Atlantic region and have expanded into various markets with retail offices throughout Virginia, Washington, D.C., Maryland, North Carolina and South Carolina. We understand the importance of homeownership and are fortunate to have a superior team of in-house underwriters, processors and closers to provide you with the kind of efficient, personalized service you can only get from a local lender. Our goal is to provide easy and comprehensive solutions that suit the individual needs of our borrowers. For more information, visit https://www.gmmllc.com/.

Related link: https://www.formfree.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Awards and Honors, Business, Free News Articles

FormFree makes inaugural appearance on 2021 Inc. 5000, ranking 1444

ATHENS, Ga. -- FormFree® today announced it has ranked 1,444 on the 2021 Inc. 5000. This annual list represents a unique look at the most successful companies within the American economy's most dynamic segment: its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

FormFree has pioneered the effort to modernize and democratize credit decisioning with its AccountChek® and Passport™ products used by millions of consumers and thousands of lenders, including more than 60% of the industry's top-50 lenders. FormFree delights borrowers and lenders with a paperless experience that reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®.

"Our products have enhanced the lending experience for all parties. It's our mission to make the borrowing process simple and accurate," said FormFree Founder and CEO Brent Chandler. "All of us at FormFree are elated to be included on the Inc. 5000 list and even more determined to continue to take the hassle out of financial verification."

"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."

Among the Inc. 5000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Combined, those companies added more than 610,000 jobs over the past three years. The complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

About FormFree®

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

About Inc. Media

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

Twitter: @RealFormFree @Inc #Inc5000 #mortgageindustry #fintech #financialinclusion

Related link: https://www.formfree.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Software

FormFree announces Former JPMorgan Chase Division CEO Kevin Watters joins its Board of Directors

ATHENS, Ga. -- FormFree® today welcomed Kevin Watters to its board of directors. Watters is a payments, mortgage lending and business banking leader known for his ability to successfully and rapidly scale financial services businesses through operational and technology transformation.

Watters was a pioneer in the branchless banking space, serving as chief marketing officer of Wingspan (a Bank One subsidiary) and president of Bank One's corporate internet group until its acquisition by JP Morgan Chase (NYSE: JPM). Watters served in multiple senior executive positions during his 18-year tenure at JPMorgan Chase, including five years as president of the investment bank's internet group and five years as CEO of its business banking division. Subsequently, he served as CEO of mortgage banking, where he played a critical role in restoring profitability to the division after the financial crisis. In his final year at the company, Watters was named CEO of Chase card services, which encompasses Chase's consumer, small business and commercial lines of business.

Since retiring from JPMorgan Chase, Watters has taken on roles as an advisor and educator. In 2019, Watters began teaching finance as an adjunct professor at Tulane University. In 2020, Watters joined Lightyear Capital, a New York-based private equity firm focused on financial services, as senior advisor to Fund V, which focuses on digitalization in the financial sector and payments technologies. In March 2021, Watters was tapped by Boston Consulting Group as a senior advisor.

"FormFree's vision for putting consumers in control of their Financial DNA, evangelized by founder Brent Chandler and brought to life by a dedicated team of innovators, is compelling and timely. I am very pleased to help shape FormFree's trajectory as a member of its board of directors," said Watters. "My experience helping financial services businesses scale will be valuable to FormFree as it continues bringing to market innovative technologies that foster a more inclusive financial sector."

"Kevin's deep knowledge of the payments, lending and banking sectors will be a boon to FormFree as we create cutting-edge solutions that promote consumer accessibility to financial services without increasing lender risk," said FormFree Founder and CEO Brent Chandler. "We are proud to count Kevin as an advisor and welcome him to our board."

About FormFree

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications.

FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®.

For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

Twitter: @RealFormFree #mortgageindustry #fintech #financialinclusion #peoplemovers

Related link: https://www.formfree.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Software

FormFree Welcomes Paul Finch, Former Early Warning CEO, to Its Board of Directors

ATHENS, Ga. -- FormFree® today announced the appointment of payments and banking fintech pioneer Paul Finch to its board of directors.

Finch is best known for his 16-year tenure as CEO of Early Warning Services (Early Warning), a private fintech company owned by seven of the largest U.S. banks - Bank of America, BB&T, Capital One, JP Morgan Chase, PNC Bank, U.S. Bank and Wells Fargo. Notably, Finch spearheaded the 2017 launch of Zelle, a real-time payments network composed of 850 banks and credit unions, and led Early Warning's transformation into a premier provider of real-time payments, risk and authentication solutions. Finch retired from Early Warning in 2019, and founded PWF Advisory Services, a financial services consulting firm.

"Paul is a visionary that has led transformational advances in the payments and financial risk space," said FormFree Founder and CEO Brent Chandler. "We're honored to have him join our board of directors and assist FormFree on its journey to forge a more inclusive credit decisioning landscape."

"I am enthusiastic to work with FormFree - a trailblazer in the digital mortgage industry - to break down the barriers to financial inclusion," said Finch. "They have proven themselves an innovative and agile organization that has enormous potential to disrupt the way credit decisioning is done."

In addition to Finch's extensive experience in the financial technology sector, he is head of the Finch Family Foundation, a non-profit organization that helps children and families in need in the Phoenix area.

About FormFree

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®.

For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

Twitter: @RealFormFree #mortgageindustry #fintech #financialinclusion #peoplemovers

Related link: https://www.formfree.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Patent and Trademark, Software

FormFree Receives US Patent for Its Ground-Breaking Approach to Credit Decisioning

ATHENS, Ga. -- FormFree® has been granted Patent Number 10,769,723 for its proprietary 'Systems and Methods for Electronic Account Certification and Enhanced Credit Reporting' by the United States Patent and Trademark Office. The patent is expected to cover FormFree's technology, which analyzes direct-source financial data to determine a consumer's ability to repay any type of loan, offers a more accurate and comprehensive measurement of ability to pay (ATP) than traditional credit scoring.

The announcement underscores FormFree's focus on creating technologies that enable a more financially inclusive U.S. economy.

"This patent is another important milestone in strengthening our intellectual property position. Nearly 50 million Americans - disproportionately including the poor and minorities - lack a credit score and cannot obtain mortgages or other lending products," said FormFree Founder and CEO Brent Chandler. "FormFree understands that every consumer has a quantifiable ability to pay, not just those with a 720 or higher credit score. We are reimagining credit scoring with a new framework that provides a more complete understanding of what a person can actually afford than merely reviewing their repayment history."

Added Chandler, "Our multi-dimensional analysis of ability to pay allows lenders to instantaneously understand risk and make better credit decisions. It also democratizes lending by putting control of the process in the hands of borrowers, making it easier for consumers to seek out financial institutions that want their business."

The issued patent validates the innovation and novelty in FormFree's technology. FormFree was founded in 2008 by former Wall Street executive Brent Chandler. The company's pioneering work in bringing direct-source data analytics to the U.S. mortgage market has earned it six appearances on the HousingWire Tech100 list of the housing economy's most innovative companies, among other accolades. FormFree's AccountChek® and Passport(tm) solutions are used by thousands of lenders and millions of consumers each year.

About FormFree:

FormFree is a market-leading fintech company whose revolutionary products AccountChek and Passport are building a more inclusive credit decisioning landscape by encouraging lenders to view borrower ability to pay (ATP) more holistically. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey™.

For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn https://www.linkedin.com/company/formfree/.

Twitter: @RealFormFree #patentnews #mortgageindustry #fintech

*LOGO link for Media: https://www.Send2Press.com/300dpi/17-0926s2p-formfree-300dpi.jpg

Related link: https://www.formfree.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Software

FormFree Promotes Cindy Snow to Chief Operating Officer (COO)

ATHENS, Ga. -- FormFree(R) has promoted Cindy Snow to the position of Chief Operating Officer (COO). In her role as COO, Snow will craft efficient systems that elevate FormFree's performance while directly overseeing business operations, product management, business intelligence, integrations and customer support.

Snow joined FormFree as a product manager in May 2019 and quickly advanced to director of product marketing. During her tenure at FormFree, Snow has facilitated partnerships and product updates that enhance lender speed, pull-through rates and security at a time of accelerated growth for FormFree. Notably, Snow's initiatives have led FormFree to see a surge in user adoption, with the organization rounding out 2019 with a 65% increase in AccountChek verification reports over the previous year.

"Since day one, Cindy has created operationally excellent processes that have helped FormFree deliver top-tier service to our 1,000-plus mortgage lender customers," said FormFree Founder and CEO Brent Chandler. "Her collected and methodical approach to complex challenges has earned her the respect of the entire organization, and I know she will excel in a position of executive leadership."

"An agile and innovative organization, FormFree engages my full professional skill set, which both gratifies and motivates me," said Snow. "I'm excited to have a hand in FormFree's mission to revolutionize the credit decisioning landscape."

Earlier this week, Snow was honored as a member of HousingWire's 2020 class of HW Insiders Award recipients.

About FormFree

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications.

FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn: https://www.linkedin.com/company/formfree/

Twitter: @RealFormFree #digitalmortgage #peoplemovers

Image link for media: https://www.depthpr.com/media/formfree/

Related link: https://www.formfree.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Software

FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager

ATHENS, Ga. -- FormFree(R) has appointed Jocelyn Crum Brooks, AMP, as national account manager. Brooks will leverage her two decades' experience supporting lender relationships with the Federal Home Loan Mortgage Corporation (Freddie Mac) to build new customer relationships and strengthen existing customer engagement with FormFree's flagship products, AccountChek(R) and AccountChek Plus(TM).

"Jocelyn has earned her reputation as a valued partner in guiding lenders through complex pricing, credit performance and technology adoption requirements to achieve outstanding business results," said FormFree Founder and CEO Brent Chandler. "She will play an important role in our mission of empowering lenders to collect and verify borrower financial DNA - including asset, employment and income data - electronically in just minutes."

Prior to joining FormFree, Brooks spent 19 years in various account-facing positions at government sponsored entity (GSE) Freddie Mac, where she led cross-divisional teams to support credit unions', banks' and independent mortgage lenders' successful participation in Freddie Mac programs.

Brooks' work at Freddie Mac earned her numerous awards including the Technology Integration Award for driving lender adoption of technology tools, the Chairman's Award for leadership in client relationship management and the Outstanding Business Results Award for performance excellence. Brooks has earned the Mortgage Bankers Association's Accredited Mortgage Professional (AMP) designation.

"I've dedicated my career to helping drive lender success through education and technology adoption," said Brooks. "I'm thrilled to join FormFree, where I can offer lenders the industry's most trusted and forward-thinking solutions for determining a borrowers' ability to repay."

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications.

FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0728s2p-jcbrooks-300dpi.jpg
*Photo caption: Jocelyn Crum Brooks, AMP.

Related link: https://www.formfree.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Advertising and Marketing, Business, Free News Articles, Software, Sports and Activities

FinTech Firm FormFree Sponsors PGA Tour Golfer Matt NeSmith

ATHENS, Ga. -- FormFree(R) today announced a two-year agreement to sponsor 25-year-old pro golfer Matt NeSmith. Currently playing in his first season on the PGA TOUR, NeSmith will wear the fintech firm's logo on the left sleeve of his apparel.

FormFree's credit decisioning products make it easy for consumers to paperlessly certify their financial assets, income and employment when applying for a loan. The company was a sponsor of the 2019 Ellie Mae Classic, where NeSmith posted an eighth-place finish. NeSmith went on to secure his PGA TOUR card with an August 25 win at the Albertson's Boise Open, the penultimate stop on the Korn Ferry Tour.

"We played with Matt at the Ellie Mae Classic and were impressed with his quality of character and determination to succeed," said FormFree Founder and CEO Brent Chandler. "When he made it into the PGA TOUR a few weeks later, we decided to step up and support this young man."

"Being selected as FormFree's first PGA TOUR ambassador is an honor, and I am excited to have them along as a partner as I start my career on the PGA TOUR," NeSmith said.

September's A Military Tribute at the Greenbrier was NeSmith's first PGA TOUR start as a member, and he showed great form at October's Shriners Hospitals for Children, where he finished T18 in just his fourth start of the season. The former University of South Carolina standout finished his career with the Gamecocks in 2016 as one of the most decorated golfers in USC history and the #7 ranked amateur in the world.

Early highlights of NeSmith's rookie season include the first round of the Safeway Open, in which he posted his lowest round on the PGA TOUR, a -6 (66). NeSmith is in action again at the Mayakoba Golf Classic, which tees off November 14 in Playa del Carmen, Mexico.

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn.

Twitter: @RealFormFree @Matt_KneeSmith @PGATOUR #digitalmortgage #TechTrendsetters

*PHOTO link for media: https://www.Send2Press.com/300dpi/19-1101s2p-ff-Matt-NeSmith-300dpi.jpg
*Photo caption: FormFree Sponsors PGA Tour Golfer Matt NeSmith.

Related link:

This news story was published by the Neotrope® News Network - all rights reserved.