When FORMFREE entered the business of capturing data, it became really apparent that the consumer was the common denominator in the loan. The consumer was the risk factor in the loan and the consumer was really the important element to understanding whether or not a loan could be provided; in the industry, there’s an old Reaganomics, statement “trust, but verify” and in doing that we were effectively capturing the book of record or what we call the source data… listen to today’s Hot Topic to find out more on why this is important to the mortgage industry!!
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-permissioned direct source data, FormFree technologies deliver lenders unprecedented insight into consumers’ ability to pay (ATP®) via non-fungible tokens (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). He later ran several startups in the online and algorithmic trading spaces and was instrumental in leading the aggregation revolution.
Chandler has also held senior-level positions on Wall Street at Merrill Lynch and Fidelity, where he became an expert in the mechanics of finance, witnessed the infancy of online trading, and learned how to use algorithmic black boxes to enhance the performance of institutional and personal portfolios through more efficient exchanges.
Chandler’s thought leadership is regularly featured in leading industry publications and events, and he has consulted with regulatory agencies on providing a better borrower experience and reducing mortgage fraud.
Chandler received his B.S. in Mathematics/ Computer Sciences from Southern Illinois University and served honorably for six years in the United States Marine Corps, where he managed a Tactical Air Command and Control Center. He serves on the advisory board of Jawdrop, is a member of FourAthens Tech Incubator, and is an active mentor for Georgia’s Terry College of Business Entrepreneurship Program. He also serves on the board of directors for the American Red Cross of Northeast Georgia.