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Pennymac Makes Verification Efficiencies In Advance Of Market Return
By automating income and employment verifications with Truework for their consumer direct loans, Pennymac reduced their total cost of ownership by 20% and saved their teams tens of thousands of hours.
20% cost savings across their entire verifications process
14,000+ hours saved for their loan fulfillment teams
5+ processes simplified to a single end-to-end verification process
Magellan Development Group Keeps Delinquency Rates Low
With Truework’s multi-method verification platform, Magellan Development Group automated their resident screening process and removed the need for manual document review.
100% decrease in escalations to management for additional review after 1 month with Truework
1 end-to-end verification process through Yardi
Automated verifications through Truework helped Wings Financial maintain their high-bar for member experience while increasing efficiency during a fluctuating-rate environment.
Despite market conditions, NJ Lenders is on track for their third best year in company history through efficiency with Truework.
Fast motorcycles need faster loans: How Truework helped Octane fuel growth and increase efficiency.
8 of 10
top mortgage lenders
75%
completion rate
99.95%
accuracy
80%
reports within 24 hours
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