“We’re seeing a renewed focus on the sovereignty of personal data that’s only going to increase as consumers understand more about how their data is used, sold, or protected. Also, as the workforce continues to age, people will be more and more comfortable with technology and expect better experiences. Truv will become ubiquitous for verifications.”
“We’ve completely moved away from my previous vendor for verifications. Truv has helped us improve turnarounds and coverage for our clients, while being a trusted partner. Whenever we’ve had suggestions or needed help, Truv is there for us."
“The cost from our other provider continued to rise regularly, and it became challenging to achieve the value. When we started looking at other providers, we were looking for a more holistic approach to increase the coverage of borrowers we could verify while decreasing cost. Truv helped us accomplish this objective.”
“Since we started our partnership, we’ve taken our costs for verifications from 8 basis points per loan down to 3 basis points per loan.”
“Expediting time-to-close, reducing loan production costs and improving borrower experience are priorities for mortgage lenders of every stripe. Expanding our payroll provider network by partnering with Truv enables mortgage lenders to extend the ease of electronic payroll data verification to millions of workers while lessening staff time spent collecting and verifying physical paystubs and other paper documents.”