FormFree announced AccountChek, its financial data verification service, has been integrated into OpenClose’s Consumer Assist Enterprise point-of-sale, and LenderAssist loan origination service.
The partnership will give borrowers the ability to electronically permission verification data such as financial account and payroll information easily when applying for a mortgage loan. This allows lenders to verify asset, income, employment and rental history in a combined, underwriter-friendly report, the companies stated in a release.
Read the full story at DoddFrankUpdate.com.