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What’s a scary realization when it comes to your teams’ time? Add up the hours they spend double (even triple) checking income numbers on a verification report to ensure everything is accurate. How many hours does it come out to? Get out of this never-ending time suck by arming your teams with tools that save time and provide peace of mind.
What’s spookier than the Halloween season? Calling employers one-by-one to verify employment, manually keeping track of who to follow up with, and an endless task list as volume picks up. Avoid this panic by leveraging automated outreach to scale your team’s capacity for any volume of loan applications.
You've been lied to, and it's not pretty. Coverage and hit rate are popularly touted as the success metrics for income verification, but they're not what matters most.
While borrowers look for affordable loans, costs to originate a mortgage loan necessitate leaner lending operations.
Discover how lenders can implement mortgage quality control to streamline loan origination processes, mitigate risks, and reduce loan production costs.
Mortgage lenders can now access the Truework platform directly within the Empower® loan origination system.
Multifamily housing trends for 2024 includes a demand-supply gap in multifamily construction, changing renter preferences, and a below-average rent growth.