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PenFed Credit Union launches consumer direct lending channel with help of FormFree (Rob Chrisman)

When PenFed Credit Union set out to expand its mortgage operation to new origination channels, it tapped FormFree’s AccountChek to help get the job done. With plug-and-play integrations with Encompass, Tavant, Day 1 Certainty® services from Fannie Mae and Loan Product Advisor® services from Freddie Mac, AccountChek verification of asset (VOA) reports fit perfectly into PenFed’s tech stack. Now, with FormFree’s help, 70% of PenFed’s retail business comes through its consumer-direct channel.

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