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Freddie Mac approves payroll/income verification vendor Truv on LPA platform

Government sponsored enterprise Freddie Mac has approved mortgage technology company Truv for both payroll verifications and consumer-permissioned income.

With the new integration, lenders will have access to the Truv platform to obtain and transmit information and data required on Freddie Mac’s Loan Product Advisor platform for the income modeling assessment without needing a third-party verification.

“We are proud to collaborate with Freddie Mac to help lenders streamline their origination processes,” Kirill Klokov, co-founder and CEO of Truv, said in a statement. “More than ever, lenders need robust, safe technology to lower their origination costs while reducing risks. By automatically details ⇒

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