Announcement: Freddie Mac and FormFree now offer positive rent payment history analysis Learn more

Fannie Mae goes all-out on fintech collaborations (Business Insider)

Fannie Mae, a US government agency that funds mortgages for lenders, rolled out 1 Day Certainty, a digital platform designed to make the mortgage process more streamlined for both lenders and consumers, last year.
This week, it announced three new features on the platform, including Single Source Validation, which will allow mortgage lenders to underwrite applicants more quickly and accurately. Single Source Validation is currently being piloted, with a full launch scheduled for 2018… The solution is using digital [sic] verification fintech FormFree’s AccountChek software, which allows applicants to send their financial data and documents required for authentication online directly to lenders instead of submitting physical documentation.
Read the full article in Business Insider.

Related Articles

FormFree knew digital credit risk data would catch on (MPA)

Read More

MBA Honors 2022 Tech All-Stars

Read More

FormFree Names Eric Lapin Chief Strategy Officer (MReport)

Read More