…And in product news FormFree and Floify announced a partnership that integrates FormFree’s AccountChek asset verification solution with Floify’s mortgage automation technology platform. The partnership enables lenders to request, analyze and certify a borrower’s financial data directly from their Floify account. Automated asset verification streamlines the mortgage underwriting process for both borrowers and lenders, who together make up Floify’s 90,000 registered users. Fannie Mae recently named AccountChek by FormFree its first designated vendor for asset verification, and the software is the only patented, third-party solution approved by leading investors to deliver automated asset verification data and reports. “Lenders rely on us to help them scale loan production from origination to close and deliver that ability with the highest level of security and compliance,” stated Dave Sims, Floify’s founder and CEO. “The partnership with FormFree reflects our commitment to innovative products that help build trust between lenders and borrowers.”
Read this commentary as it original appears in Rob Chrisman’s mortgage industry blog.