FormFree, Atlanta, said cloudvirga, developer of the automated, cloud-based intelligent Mortgage Platform, selected AccountChek for automated asset verification.
cloudvirga’s custom integration of AccountChek into the iMP collects borrower account information early in the loan application process and offers asset verification. The POS gives consumers and loan officers an automated, intuitive and compliant workflow while moving many traditional back-office tasks to the front of the loan process.
AccountChek allows borrowers to securely link asset and deposit data. Lenders receive detailed analysis on the borrower’s ability to repay.
Read the full story here.