FormFree’s Brent Chandler Named Among Mortgage Professional America’s Hot 100

ATHENS, Ga. — FormFree today announced that company founder and CEO Brent Chandler has been recognized by Mortgage Professional America magazine in its annual Hot 100 list of mortgage professionals whose contributions are shaping America’s home finance future. Chandler was recognized as the creator of AccountChek – the mortgage industry’s first automated asset verification tool – and for advancing innovative approaches to income and employment verification using asset data and augmented intelligence (AI).

FormFree Celebrates Its Tenth Year of Operations with Broader Investor Acceptance, New Products and Features for Lenders

ATHENS, Ga. — The last 24 months have seen aggressive growth and milestone achievements for automated verification provider FormFree — and now the fintech company is setting its sights on achieving even greater market penetration in 2018 thanks to broader investor acceptance and new products and features designed to meet lenders’ unique needs.

AccountChek by FormFree Automated Asset Report Now Accepted for VA Loans

ATHENS, Ga. — FormFree today announced that asset reports generated by its AccountChek automated asset verification service meet all underwriting guidelines established by the U.S. Department of Veterans Affairs (VA) for loans guaranteed by its Loan Guaranty Service. The announcement follows the VA’s December 29, 2017, release of Circular 26-17-43, which was issued in response to increasing lender interest in automated verification of borrower assets for VA loans.

FormFree Provides Industry’s Most Complete Analysis of Borrower Ability to Pay with Data from Envestnet | Yodlee Risk Insight Solutions

ATHENS, Ga. — FormFree(R) today announced its expanded partnership with Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. By leveraging Envestnet | Yodlee Risk Insight Solutions, FormFree will have access to new data points that help to reinforce its position as provider of the most complete and reliable asset, employment and income verification reports in the mortgage industry.

FormFree Appoints Housing Finance Authority Faith Schwartz to Board of Directors

ATHENS, Ga. — FormFree today announced that housing finance expert Faith Schwartz has been elected to its board of directors. Among the most influential leaders in the mortgage industry, Schwartz has played a firsthand role in shaping current housing finance best practices and public policy.

SimpleNexus Adds AccountChek Asset, Employment and Income Verification from FormFree to Its Mobile Mortgage App

ATHENS, Ga. — FormFree today announced it has entered a partnership with SimpleNexus, a leader in bringing the home mortgage process to mobile devices. The integration of the two companies’ technologies will make FormFree’s AccountChek automated verification service for asset, employment and income a seamless part of the loan application experience for borrowers applying for a loan using SimpleNexus’ mobile technology.

FormFree Delivers Combined Income, Asset and Employment Report for Fannie Mae’s Single Source Validation Pilot

ATHENS, Ga. — FormFree(R) today announced that it has entered into a pilot with Fannie Mae that could allow mortgage lenders to validate borrower income, asset and employment data through a single report as early as 2018.

VanDyk Mortgage Enables Borrowers to Automate Asset Verification Using AccountChek by FormFree for Faster Mortgage Closings

ATHENS, Ga. — FormFree today announced that VanDyk Mortgage Corporation has selected its flagship AccountChek(R) service for automated asset verification. Loan officers at VanDyk have already begun offering AccountChek as an alternative to manual, paper-based asset verification. In addition, borrowers can choose AccountChek as a faster alternative to uploading bank statements when using VanDyk’s self-service mortgage portal, powered by Ellie Mae’s Encompass Consumer Connect.

FormFree, LexisNexis Risk Solutions Expand Alliance to Provide Liens and Judgments Data

ATHENS, Ga. — FormFree today announced the impending launch of AccountChek Plus, a new tool for lenders that combines the features of AccountChek, the nation’s most trusted asset verification app, with liens and civil judgments data from LexisNexis Risk Solutions. By giving lenders a more complete picture of borrower ability-to-pay before loans go to underwriting, AccountChek Plus cuts costs, reduces risk and empowers better lending decisions.

HousingWire Honors Claire Weber of FormFree with Insiders Award

ATHENS, Ga. — FormFree today announced that Senior Director of Business Operations Claire Weber is a recipient of HousingWire’s 2017 Insiders Award, a recognition honoring the unsung heroes behind leading companies in the housing industry.