FormFree has integrated FundingShield’s loan-level verification services into its platform, the companies announced.
The integration will enable users of FormFree’s Passport to access FundingShield’s wire account verification service.
“FundingShield creates a more secure closing experience for all parties involved in a loan, from the borrower to the investor and all the service providers in between,” FundingShield Chairman and CEO Ike Suri said in a release. “By partnering with FormFree, we’ll be able to put that protection directly in the hands of mortgage lenders, loan officers and applicants, reducing their risk of lost funds and delayed closings due to fraud.”
This is an excerpt. Read the full story in The Title Report.