
Integration brings automated income, employment, and asset verification to wholesale and correspondent channels, enabling faster loan intake from third-party originators
Truv, the market’s leading provider of direct-to-source income, employment, and asset verification solutions, has integrated with Encompass TPO Connect® by ICE Mortgage Technology™, a web-based portal that enables wholesale lenders and correspondent investors to receive and manage loans from third-party originators.
This integration builds on Truv’s existing relationship with ICE Mortgage Technology, bringing verification capabilities earlier in the lending workflow. While Truv’s Encompass LOS integration supports loan fulfillment and origination, the new TPO Connect integration extends Truv’s verification capabilities to the critical point of loan intake from brokers and correspondent partners—helping lenders process loans faster and more efficiently from wholesale and correspondent channels.
Benefits for Wholesale Lenders and Correspondent Investors
- Accelerated Loan Intake: Enable TPO partners to complete verifications during the loan submission process, reducing delays and speeding up loan delivery
- Faster Underwriting: Digital verifications allow brokers to obtain required data faster than traditional methods, as early as the point-of-sale, for faster processing, reduced fraud, smoother underwriting, and quicker time to close.
- Enhanced TPO Partner Experience: Provide broker and correspondent partners with a modern, streamlined verification process that strengthens relationships and attracts more business.
- Improved Data Quality: Receive loans with verified income, employment, and asset data directly from the source, reducing exceptions and improving loan quality.
- Significant Cost Savings: Lenders using Truv save 60-80% on verification costs compared to traditional databases and gain access to pay-per-closed loan pricing.
- Seamless Data Flow: Loans initiated in TPO Connect are automatically synced to Encompass LOS with verification data intact, creating a single system of record.
“Our expanded integration with ICE Mortgage Technology demonstrates Truv’s commitment to supporting lenders across all channels and stages of the mortgage process,” said Kirill Klokov, CEO of Truv. “By enabling automated verifications in TPO Connect, we’re helping wholesale lenders and correspondent investors streamline their operations with broker and correspondent partners, reduce friction during loan intake, and maintain competitive advantage in these critical channels.”
Getting Started
Truv’s verification solution is available immediately through Encompass TPO Connect, empowering wholesale lenders and correspondent investors to streamline verification workflows during loan intake from third-party originators and broker partners.
Contact the Truv team to learn more.