In our Hot Topic this week we have Brent Chandler, Founder, and CEO @ FormFree & Kevin Kauffman, VP of Client and Partner Delivery @ Freddie Mac to discuss Freddie Mac’s announcement of a capability that allows mortgage lenders to assess homebuyer income using direct deposit data & as FormFree is a Freddie Mac partner, how do they work together to make this happen?
Want to know more about Brent Chandler?
Brent Chandler is a widely recognized mortgage technology and fintech innovator who has 25 years of experience on the leading edge of trading, personal finance, wealth management, and consumer financial services.
In 2008, Chandler founded FormFree®, a transformative fintech company whose revolutionary products AccountChek® and Passport® are making lending more inclusive by capturing a holistic view of each consumer’s unique Financial DNA®. By applying patented machine-learning algorithms to consumer-permission direct source data, FormFree technologies deliver lenders unprecedented insight into consumers’ ability to pay (ATP®) via non-fungible token (NFT). FormFree first made a name for itself when it disrupted mortgage lending as the industry’s first designated vendor for asset verification through Fannie Mae’s Day 1 Certainty®.
Prior to founding FormFree, Brent was part of the team that created the world’s first online trade while at CheckFree (acquired by Fiserv) and held senior-level positions on Wall Street at Merrill Lynch and Fidelity, where he became an expert in the mechanics of finance.
Want to know more about Kevin Kauffman?
Kevin Kauffman is the vice president of Client and Partner Delivery in the Single-Family Strategic Delivery, Data, Operations, and Technology division at Freddie Mac. He and his team oversee Freddie Mac’s client and partner engagement strategy, including the optimization of Freddie Mac’s business capabilities throughout the mortgage ecosystem.
Mr. Kauffman’s other responsibilities include collaborating with Sellers to help them best integrate and adopt Freddie Mac products and services. In addition, he oversees the distribution of Freddie Mac products and services through partner providers to ensure optimal Seller access to and integration with these capabilities.
With a career spanning more than 20 years in both mortgage operations and technology, Mr. Kauffman gained a deep understanding of the loan manufacturing process in the primary mortgage market and combined his experience with building and marketing cutting-edge end-to-end mortgage technology. His previous work experience includes various leadership roles with Citi, Chase, FIS, and Fannie Mae.
LINK REFERENCED IN PODCAST:
LendersOne L1 Summit Winter Conference March 6th-8th
TMC DAYS MIAMI NIGHTS CONFERENCE March 19-22
FORMER 2021 “FORMFREE” PODCASTS
10-11-2021 Fannie Mae Positive Rent Payment History Program WITH Christy Moss, CMB, Head of Sales and Marketing
7-26-2021 Truth in direct-source data WITH BRENT CHANDLER, Founder and CEO
2-22-2021 How FormFree has found a better way to assess “ability-to-repay”! WITH BRENT CHANDLER, Founder and CEO