ATHENS, Ga., March 15, 2018 (SEND2PRESS NEWSWIRE) — For the second year, automated verification provider FormFree® will sponsor Ellie Mae’s (NYSE: ELLI) annual user conference. Ellie Mae Experience 2018 takes place March 19–21 at the Wynn hotel in Las Vegas.
Each year, Ellie Mae Experience brings together thousands of mortgage leaders to discuss the latest industry strategies, share best practices and receive hands-on training while experiencing first-hand the next generation of digital mortgage solutions that will shape the industry.
FormFree will host the event’s welcome reception as one of five stops on a “wine tasting tour” of the conference exhibit hall. FormFree will also sponsor a device charging station to help conference attendees stay connected throughout the event.
“Ellie Mae Experience is one of the industry’s best events for bringing together lenders and technology providers to advance mortgage efficiency and innovation,” said FormFree Founder and CEO Brent Chandler. “We are delighted to once again support this conference with our sponsorship, and we look forward to seeing new and familiar faces at booth 100.”
FormFree’s AccountChek® automated asset verification service enables borrowers to demonstrate their ability to repay loans by sharing financial data directly with lenders instead of mailing, faxing or emailing traditional asset account statements. The standardized format of AccountChek’s digital Asset Report reduces loan processing and underwriting times and allows lenders to close loans days faster.
Lenders who use AccountChek and submit their casefiles for validation through Fannie Mae’s Desktop Underwriter® (DU®) automated underwriting system receive freedom from representations and warrants for the validated components of the loan.
AccountChek is also now in pilot for Single Source Validation, which is an enhancement to Fannie Mae’s DU validation service that will let lenders obtain asset, income and employment validation from one automated report from AccountChek.
To learn more about AccountChek and other FormFree products, visit booth 100 at the Wynn Las Vegas.
About FormFree®:
FormFree is a fintech company whose market-leading AccountChek® Asset Reports are used by lenders nationwide to verify borrower assets, employment and income in minutes. To date, more than 1,000 U.S. lenders have ordered over 1.25 million AccountChek Asset Reports, delighting their customers with a paperless experience and reducing origination timelines by up to 20 days. FormFree offers automated analysis and standardized delivery to lenders and their investors using a secure ReIssueKey™. A HousingWire TECH100™ company for four consecutive years, FormFree is based in Athens, Georgia.
For more information, visit https://www.formfree.com or follow FormFree on LinkedIn.
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REF: NYSE:ELLI / NYS ELLI / NYSE: ELLI
News Source: FormFree