FormFree® today announced the release of NextGen, a new platform that builds on the company’s award-winning AccountChek® service. Unveiled from the main stage of Digital Mortgage 2018 in Las Vegas, NextGen increases the precision and ease with which lenders determine their borrowers’ ability to pay loans.
New features of NextGen include:
- A fully customizable API environment that enables a revolutionary asset retrieval experience for borrowers and loan teams
- Advanced income and employment analytics that combine borrower asset data with other data points to increase confidence in borrower ability-to-pay conclusions
- PDF bank statements to satisfy FHA and non-QM loan documentation requirements
FormFree also announced the introduction of a custom workflow designed to serve mortgage brokers and wholesale lenders, a segment of the mortgage market that has historically been underserved by digital mortgage technology.
This is an excerpt. Read the full story in National Mortgage News.