Open banking is on the verge of transforming mortgages. Most are unaware of it
Briefly

FormFree empowers consumers by allowing them to control their own financial data through a unique scoring process, fostering transparency and consent in lending.
The innovation of the RIKI score enables borrowers to assess their financial health, while ensuring their data remains anonymous until explicit consent is given for sharing.
As a pioneer in open banking in the mortgage sector, FormFree aligns with the CFPB regulations to enhance data protection while connecting lenders and borrowers.
Eric Lapin emphasized the importance of consumer empowerment through data control, backed by stringent compliance measures to ensure identity protection in transactions.
Read at www.housingwire.com
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