FormFree and Take3Tech Integration Brings Asset, Income and Employment Verification to AccountChek – The Durango Herald
Integration allows lenders to streamline loan originations for convenience, speed and fraud resistance
ATHENS, Ga., April 5, 2022 (SEND2PRESS NEWSWIRE) — FormFree ® today announced its partnership with Take Three Technologies (Take3Tech) to make its AccountChek® automated asset, income and employment verification solutions available in LoanMAPS™, an all-in-one loan origination platform that includes loan origination system (LOS), point-of-sale system (POS), customer relationship management system (CRM ), compliance monitoring and reporting.
The integration allows loan originators to text or email borrowers a request for electronic verification of asset, income, and employment data without leaving the LoanMAPS user experience. Once borrower authorization is granted, AccountChek uses encrypted and secure direct-source data to automatically populate the Verification of Assets (VOA) and Verification of Income/Employment (VOIE) reports, which are made available in LoanMAPS.
“We are proud to introduce AccountChek as a LoanMAPS integration partner. Our partnership enables lenders to provide a streamlined verification experience while reducing loan processing and underwriting times as well as the risk of fraud,” said Anita Padilla-Fitzgerald, CEO of Take3Tech. “We look forward to helping lenders bring consumers the speed and convenience of electronic data verification.”
“FormFree is on a mission to make it easy for mortgage lenders to assess borrowers’ ability to repay their mortgages using direct, high-fidelity consumer data,” said FormFree CEO and Founder Brent Chandler. “It is a pleasure to partner with Take3Tech to make the benefits of AccountChek available to more mortgage lenders and consumers.”
Lenders interested in learning more about the Take3Tech and AccountChek integration should visit FormFree at booth #612 or arrange a meeting with Take3Tech at the 2022 Mortgage Bankers Association (MBA) Technology Solutions Conference & Expo to be held April 11-14 at the Bellagio Hotel & Casino in Las Vegas.
As the industry’s go-to provider for direct-source VOA and VOI/E data, FormFree helps lenders understand credit risk like never before. Our patented AccountChek® and Passport® products open the doors to a more inclusive credit decision by revealing each customer’s true ability to pay (ATP®). We’ve performed over $3 trillion in loan verifications that help lenders reduce operating costs while improving the borrower experience. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.
About Take Three Technologies:
Take Three Technologies has developed LoanMAPS, a fully integrated, cloud-based loan origination platform. With LoanMAPS, you can replace your current LOS, CRM, POS, and report generator with an easy-to-use solution that covers all your mortgage banking technology needs. From client management and onboarding to processing and closing, LoanMAPS has you covered with easy implementation and training at your fingertips. Reduce your closing costs and increase your productivity with LoanMAPS today. For more information, visit the company’s website https://welcome.loanmaps.com/.
Twitter: @RealFormFree #mortgage #mortgageindustry #fintech #digitalmortgage #MBATech22
NEWS SOURCE: FormFree
This press release has been issued on behalf of the source of the information (FormFree) which is solely responsible for its accuracy, by Send2Press® Newswire. The information is believed to be accurate but not guaranteed. Story ID: 80474 APDF-R8.5
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