Fannie Mae’s Single Source Validation (SSV) program promises to bring mortgage lenders one step closer to being able to verify all borrower information relevant to a crediting decision through a single report.
Shortly after third-party service provider FormFree announced that it will participate in the pilot for SSV, the company’s founder and CEO Brent Chandler and Chief Strategy and Industry Relations Officer Ann Fulmer sat down with Dodd Frank Update to discuss its potential impact at the Mortgage Bankers Association’s Annual Convention in Denver.
Find out what they had to say about the program, based on their company’s own experience working to streamline the data verification process.