This enhancement provides access to direct-source transaction data for both asset and income verification all in one report increasing confidence for income calculations, providing more accurate risk assessment results, enhancing the customer experience, and further digitizing the mortgage process.
- FAQs
- Direct Deposit FAQs
What does this mean for FormFree customers?
Related FAQs
Why is Freddie Mac’s AIM for income using direct deposit significant?
How do I take advantage of this enhancement?
How many months of direct deposit history are required?
Does the FormFree AccountChek VOA solution support 12-month data history?
How do I know how much transaction history Freddie Mac received for income evaluation?
How do I request the 12-month asset and income report via the AccountChek platform?
Is there anything else I need to consider?
Is rep & warrant relief offered on the income data?