News Topic: FormFree
News: FormFree joins ACUMA as an affiliate member
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through its membership, FormFree aims to help credit unions provide more inclusive pathways to homeownership by introducing them to residual income analytics, a methodology for gaining enhanced insight into borrowers' ability to repay loans.
News: Jonathan Nahil joins FormFree as chief technology officer
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that it has brought on Jonathan Nahil as chief technology officer (CTO). Nahil possesses more than 20 years of experience as a software architect and leader of development teams at renowned technology organizations.
News: FormFree’s Brent Chandler named an Inman Best of Finance award honoree
Mortgage and Finance News: (ATHENS, Ga.) FormFree(R) today announced that its founder and CEO Brent Chandler was named to Inman's 2023 Best of Finance award program, which recognizes the leaders who are reshaping the mortgage and finance industries for both professionals and consumers. The inaugural class of Inman's Best of Finance winners were honored for their unwavering commitment to innovation and service in the residential mortgage space.
News: IndiSoft partners with FormFree to streamline the delivery of housing counseling services to underserved consumers
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that developer of collaborative solutions for the housing finance industry, IndiSoft, is leveraging FormFree's Passport® to enable HUD-approved housing counseling agencies (HCAs) to provide more effective and expeditious consumer counseling.
News: GreenLyne adopts FormFree’s Residual Income Knowledge Index to unlock greater inclusivity in mortgage lending
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that Inclusive-Finance-as-a-Service platform GreenLyne has enhanced its ability to help lenders identify home financing opportunities for underserved consumers with its adoption of FormFree's Residual Income Knowledge Index™ (RIKI™).
News: FormFree selected to HousingWire Tech100 for the ninth year
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced its inclusion in HousingWire's (HW's) annual Tech100 list for the ninth year. The HW Tech100 Mortgage Awards recognize the U.S. housing economy's most innovative and influential fintech companies and solutions.
News: FormFree sharpens focus on decentralizing and democratizing consumer access to credit with strategic divestiture of AccountChek
Mortgage and Finance News: (ATHENS, Ga.,) Founder and CEO Brent Chandler today heralded a new era for FormFree® following its strategic divestiture of asset-verification service AccountChek®. Moving forward, the fintech will focus on products that advance its mission to decentralize and democratize the way consumers understand their financial data and access credit opportunities. Eric Lapin, who joined FormFree in 2022 as chief strategy officer, will guide the company's next chapter as president.
News: FormFree’s Brent Chandler named a 2023 Industry Titan by National Mortgage Professional
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that its founder and CEO Brent Chandler was featured in National Mortgage Professional's list of 2023 Industry Titans. The inaugural Industry Titans awards program recognized 24 of the most notable leaders in mortgage lending.
News: FormFree expands its verification of income and employment network through partnership with Truv
Mortgage and Finance News: (ATHENS, Ga.) FormFree® announced that it has partnered with Truv to enhance AccountChek®'s verification of income and employment (VOI/E) reporting capabilities with Truv's payroll provider network, expanding the modern convenience of electronically sharing payroll data with mortgage lenders to 120 million workers.
News: FormFree supports Freddie Mac’s launch of innovative underwriting enhancement that uses cash flow analysis to help increase home financing access
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that mortgage lenders will be able to use AccountChek® to help more lenders qualify more borrowers for home financing as a result of a recently announced Freddie Mac initiative that analyzes loan applicants' account transaction data as part of its automated underwriting system, Loan Product Advisor® (LPA℠).
News: FormFree’s AccountChek can now be used by mortgage lenders to satisfy Freddie Mac’s assessment of income requirement for loan applicants...
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that mortgage lenders can now use AccountChek® to automate income assessment using Freddie Mac Loan Product Advisor® (LPA℠) asset and income modeler (AIM) for borrowers who are paid through ADP.
News: FormFree releases Residual Income Knowledge Index, an intelligent new system for assessing borrowers’ Ability to Pay, to lenders nationwide
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced the general availability of its Residual Income Knowledge Index, or RIKI. RIKI is an innovative method for measuring consumers' Ability-to-Pay (ATP) for mortgages and other loans based on monthly income and spending. When paired with traditional credit scoring models, RIKI offers lenders a more complete understanding of consumers' creditworthiness and creates homeownership opportunities for those with little to no credit history.
News: FormFree integrates with Docutech to streamline loan production with VOA and VOI/E capture
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced the integration of AccountChek®, a service that allows lenders to verify borrowers' assets, income, employment and rent payment history, with Solex®, a comprehensive eDelivery, eSign, eClose and eVault platform from Docutech®, a First American company.
News: FormFree and Finastra partnership streamlines borrower verification for improved mortgage loan processing
Mortgage and Finance News: (ATHENS, Ga.) Finastra and FormFree®, a market-leading fintech company that enables lenders to understand people's true ability to pay (ATP®), have partnered to further streamline electronic borrower verification for mortgage lenders.
News: FormFree and HomeScout partner to help lenders identify mortgage-ready borrowers earlier in the home buying journey
Mortgage and Finance News: (ATHENS, Ga.) FormFree® has partnered with HomeScout, a wholly owned subsidiary of FirstClose®, to launch HomeScout Qualified Borrower, a tool that helps lenders generate leads and concentrate borrower conversion efforts on mortgage-ready home buyers.
News: FormFree announces support for new Freddie Mac Loan Product Advisor enhancement aimed at expanding sustainable homeownership for renters
Mortgage and Finance News: (ATHENS, Ga.) FormFree® announced that mortgage lenders using AccountChek® verification of asset (VOA) reports in conjunction with a Freddie Mac Loan Product Advisor® (LPA℠) solution will soon benefit from an enhancement that takes loan applicants' 12-month on-time rent payment history into consideration when assessing eligibility for qualified first-time homebuyers.
News: Mortgage lenders are now able to use FormFree AccountChek to satisfy Freddie Mac’s reverification of employment requirement
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that its AccountChek® digital asset verification service supports a new enhancement to Freddie Mac's Loan Product Advisor® (LPASM) asset and income modeler (AIM) solution that makes assessment of borrower employment easier, faster, less expensive and more fraud-resistant.
News: FormFree opens registration to its third annual Heroes Golf Classic 2022 benefiting the American Red Cross of Northeast Georgia
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced it has opened registration to the organization's third annual Heroes Golf Classic, which will be held on September 9, 2022, at Lanier Islands Legacy Golf Course in Buford, Georgia. All proceeds from the event will be donated to the American Red Cross of Northeast Georgia, a 501(c)(3) nonprofit organization that provides emergency assistance and preparedness education to communities affected by disaster.
News: FormFree’s Christy Moss recognized by the Mortgage Bankers Association for outstanding contributions in mortgage technology
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that the Mortgage Bankers Association (MBA) has named FormFree Chief Customer Officer Christy Moss, CMB, a 2022 Tech All-Star. Since 2002, the Tech All-Star Awards have honored leaders who have made outstanding contributions to mortgage technology.
News: FormFree and Take3Tech integration brings AccountChek asset, income and employment verification to the LoanMAPS mortgage technology platform
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced it has partnered with Take Three Technologies (Take3Tech) to make its AccountChek® automated asset, income, and employment verification solutions available within LoanMAPS™, an all-in-one loan origination platform that encompasses a loan origination system (LOS), point-of-sale system (POS), customer relationship management system (CRM), compliance monitoring and report generation.
News: FormFree grows executive team, appoints Eric Lapin chief strategy officer
Mortgage and Finance News: (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.
News: George Mason Mortgage selects FormFree AccountChek to streamline its verification of borrower assets, income and employment
Mortgage and Finance News: (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.
News: Mary Costello joins FormFree team as director of vendor management, risk and compliance
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced that it has welcomed 17-year finance industry veteran Mary Costello to its team as director of vendor management, risk and compliance. In this role, Costello will support FormFree's audit, risk and compliance efforts across the management of internal and external vendor, lender and integration partnerships.
News: FormFree celebrates recognition as an eight-time HousingWire Tech100 honoree
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced it has been named a HousingWire (HW) Tech100 winner for the eighth time. The HW Tech100 Mortgage awards program recognizes companies revolutionizing the mortgage lending process from origination to closing and beyond.
News: FormFree names former ICE finance executive Patrick Rutherford as CFO to fuel its next stage in company growth
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced that it has appointed Patrick Rutherford, former finance executive at Intercontinental Exchange (NYSE: ICE), as chief financial officer (CFO). In his new role at FormFree, Rutherford will lead the organization's finance, accounting and compliance functions.
News: FormFree’s AccountChek joins forces with Freddie Mac for industry-first automated assessment of direct deposit income
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that its 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® (LPASM) asset and income modeler (AIM) solution fulfills mortgage verification of assets (VOA) and verification of income (VOI) requirements.
News: 2021 Deloitte Technology Fast 500™ Ranks FormFree 379th Fastest-Growing Company in North America
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced it ranked 379 on the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 27th year.
News: FormFree raises over $57,000 for the American Red Cross of Northeast Georgia at second annual Heroes Golf Classic
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced that it raised $57,030 to benefit the Northeast Georgia chapter of the American Red Cross during this year's Heroes Golf Classic charity tournament. Now in its second year, the 2021 Heroes Golf Classic brought together more than 100 golfers and volunteers at the Château Élan Winery and Resort in Braselton, Georgia, on October 29 to raise money and awareness for disaster relief services, blood drives and educational programs.
News: Mortgage Professional America honors FormFree Account Manager Laura Graben with 2021 Rising Stars award
Mortgage and Finance News: (ATHENS, Ga.) FormFree® today announced that Account Manager Laura Graben has been named a 2021 Rising Star by Mortgage Professional America (MPA) magazine. The MPA Rising Stars award program honors promising young professionals who are making an impact on the housing and mortgage industries.
News: FormFree integration with OpenClose enhances lending experience with quick and easy borrower-permissioned data verification
Mortgage and Finance News: (ATHENS, Ga.) FormFree® Founder and CEO Brent Chandler today announced the availability of its AccountChek® financial data verification service within OpenClose®, the leading fintech provider of mortgage software solutions for banks, credit unions and mortgage lenders. The integration embeds AccountChek into OpenClose's ConsumerAssist(tm) Enterprise POS and LenderAssist(tm) LOS, giving borrowers the freedom to electronically permission verification data with ease when applying for a mortgage loan.