TransUnion announced on March 4, 2025, an advancement of its partnership with Truework, a leading income and employment verification provider. This collaboration will offer mortgage lenders more comprehensive and reliable access to verification of income and employment (VOI/E) information.
The TruVision™ Income and Employment Verification solution, powered by Truework, is now available via the TransUnion API, enabling accelerated underwriting and minimized costs for lenders. This solution boasts an industry-leading 75% average completion rate, including instant data for over 48 million active employee records.
Satyan Merchant, senior vice president and mortgage business leader at TransUnion, stated that with mortgage originations expected to rise, efficient tools for streamlined income and employment verification are crucial. This partnership builds upon existing solutions for rental screening and auto lending, further integrating Truework's capabilities into TransUnion's offerings.
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