FormFree, Athens, Ga., announced that asset reports generated by its AccountChek automated asset verification service meet all underwriting guidelines established by the U.S. Department of Veterans Affairs for loans guaranteed by its Loan Guaranty Service.
AccountChek eliminates gathering asset documents for loans by letting consumers transmit their online banking, retirement and investment account data for automated analysis. AccountChek delivers asset data to lenders in a standardized report along with a ReIssueKey that enables secure and streamlined sharing with the secondary market.
This article originally appeared in MBA NewsLink.