FormFree has expanded its partnership with LexisNexis Risk Solutions to introduce a new product called AccountChek Plus that combines the features of FormFree’s award-winning AccountChek asset verification app with liens and civil judgments data from LexisNexis. The first asset verification service to be included in Fannie Mae’s Day 1 Certainty initiative, AccountChek has delivered more than one million asset reports and has been shown to help lenders close loans up to 15 days faster. LexisNexis employs industry-leading tech and hundreds of the most current data points available to ensure more than 99% precision in linking liens and judgments to the correct consumers. By combining both best-of-breed solutions, AccountChek Plus makes it easy for lenders to fill the data gap left by the July 1 removal of liens and judgments data from consumer credit reports furnished by Equifax, Experian and TransUnion.
Read this commentary as it originally appeared in Rob Chrisman’s Daily Mortgage News and Commentary.
