Industry leader in direct-source asset, income and employment reporting helps co-op members become more efficient and improve their lending experience
ATHENS, Georgia, August 3, 2021 (SEND2PRESS NEWSWIRE) – Free Form ® today announced that it has entered into an agreement with Lenders One®, a national alliance of independent mortgage bankers and service providers, to offer its product suite to Lenders One Mortgage Co-operative. Through this relationship, FormFree will provide Lenders One members with access to automated borrower verification tools that enhance the customer experience and optimize lender business operations.
A national mortgage cooperative, Lenders One serves more than 240 banks, credit unions and independent mortgage bankers. Lenders One offers its members privileged access to a network of leading mortgage technologies, service providers and solutions. Thanks to its relationship with FormFree, members of Lenders One can now benefit from special access to Chek Account 3n1, the award-winning digital asset, income and employment reporting service.
“We are delighted to offer Lenders One members improved assembly efficiency and reduced costs per loan with special access to the AccountChek 3n1 VOA and TRACK combined reports,” said FormFree CEO Brent Chandler. “With authorized consumer access to direct source account data, 3n1 provides borrowers with a modern and simplistic lending experience while dramatically reducing the risk of fraud for lenders. “
“We are excited to add FormFree to our reseller platform,” said Justin Demola, CMB, president of Lenders One. “Our Lenders One team is looking for solutions to strengthen member businesses and create efficiencies and cost savings every day. FormFree will add tremendous value to our strong platform.
FormFree® is a market-leading financial technology company whose revolutionary AccountChek® and Passport® products create a more inclusive credit decision landscape by enabling lenders to understand People’s True Payability (ATP®). To date, thousands of US lenders and brokers have ordered millions of patented audit reports from FormFree, representing billions of dollars in loan audits. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination times, and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®. For more information visit https://www.formfree.com/ or follow FormFree on LinkedIn.
About the Lenders One® cooperative
Lenders One (LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, banks, credit unions, correspondent lenders, and providers of mortgage products and services. Participants in the Lenders One platform generated approximately $ 730 billion in mortgages in 2020, collectively ranking among the largest retail mortgage entities in the United States. Lenders One is managed by a subsidiary of Altisource Portfolio Solutions SA.
Twitter: @LendersOne @RealFormFree @Altisource #mortgageindustry #fintech #digitalmortgage
NEWS SOURCE: FormFree
This press release has been issued on behalf of the information source (FormFree) which is solely responsible for its accuracy, by Send2Press® press wire. Information is believed to be accurate but is not guaranteed. Story ID: 73957 APDF-R8.2
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