Jonathan Nahil Joins FormFree As CTO

Jonathan Nahil has joined mortgage fintech FormFree as Chief Technology Officer. Nahil brings more than two decades of software and leadership experience to the position. Prior to FormFree, he served as a software architect for customer service automation platform Ada. “I’m excited to share that I’ve started a new position as Chief Technology Officer at FormFree. I’ll be working with the team to build the next iteration of Passport (and some even more exciting things!) to help achieve FF’s vision of democratizing lending,” Nahil said in a post on LinkedIn. Passport is a mobile application that automatically updates consumers’ financial info while letting them control their financial identity when browsing. Nahil’s other experience includes a decade at Accenture as global…

Lapin Promoted To President As FormFree Shifts Gears

FormFree is entering a new era, having strategically divested itself of asset-verification service AccountChek and naming a new president. Eric Lapin, who joined FormFree in 2022 as chief strategy officer, was promoted to president, the company announced. “FormFree is proud to have pioneered the mortgage industry’s first asset verification service, and that revolutionary spirit will propel the next phase of our growth,” said Lapin.  “Moving forward with a laser focus on the future will allow FormFree to innovate with the agility of a startup while benefitting from all the experience and wisdom we have accumulated over nearly two decades in business.” Lapin said the company will now focus more on future innovators like blockchain and decentralized Web3 technologies. FormFree already…

Labor Day Blues: Can The Average American Worker Afford To Buy A House?

By KIMBERLEY HAAS This Labor Day weekend, some workers are wondering what happened to the American Dream of earning enough from a nine-to-five job to buy their own home — with or without the white picket fence.  According to officials at the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, the median sales price of a new home in July 2022 was $439,400. The thumbnail measurement for home affordability is a house that costs roughly 2.6 years of your household income, or a 2.6 “price-to-income ratio.” Using the 2.6 price-to-income ratio, your household’s earners would need to bring in $169,000 a year to be able to afford a new home. That is higher than most U.S.…