FormFree enters into agreement with Lenders One to deliver products to its member base
ATHENS, Georgia., August 3, 2021 / PRNewswire / – Free Form® announced today 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 the CEO of FormFree. 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 Lenders One President Justin demola, CMB. “Our team at Lenders One is looking for solutions to strengthen member businesses and create day-to-day efficiencies and cost savings. FormFree will add tremendous value to our strong platform.”
Free Form® is a leading financial technology company whose revolutionary products AccountChek® and passport® create a more inclusive credit decision-making landscape by enabling lenders to understand people’s true ability to pay (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 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 came from around $ 730 billion mortgage lending 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
This press release was published by Send2Press®, a unit of Neotrope®. For more information visit Send2Press Newswire at https://www.Send2Press.com
SOURCE Form Free