Fannie Mae

Get relief from reps and warrants with Truv.

Truv is an authorized report supplier for lenders using Fannie Mae’s Desktop Underwriter® (DU®).

Payroll income and employment verification.

Payroll income and employment verification.

verify income cover
verify income cover

Verify borrower income and employment
using Truv reports with DU.

Verify borrower income and employment using Truv reports with DU.

Reduce operational costs.

Reduce verification costs per loan file and save with free re-verifications up to 90 days.

Accelerate loan processing.

Boost pull-through rates and shorten closing times with less manual intervention.

Lower buyback risks.

Minimize fraud and buyback risks with real-time data sourced directly from a borrower’s employer.

Improve lending productivity.

Streamlined data collection minimizes back and forth with borrowers.
Truv

DU-Approved Reports

Rep and warrant relief.

Receive DU on the validated loan components when using income & employment data from Truv.

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Truv

Fannie Mae DU

Report ID for submission to DU.

Report ID auto-generates and auto-populates in your LOS for seamless submission to DU.

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Truv

DU-eligible Reverifications

Reverification Report ID.

A Report ID auto-generates for reverification reports eligible for DU.

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Truv

Faster Loan Cycles

Accelerated lending speed.

Lenders have seen a reduction in loan cycle times by 3+ days with automated VOIE.

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How it works.

How it works.

Truv orders
Verification
Report
Rep and warrant

Asset verification.

Asset verification.

verify income cover
verify income cover

Verify borrower assets
using Truv reports with DU.

Verify borrower assets using Truv reports with DU.

Reduce operational costs.

Reduce verification costs per loan file and save with free re-verifications up to 90 days.

Streamline large deposit verification.

Reduce documentation requirements.

Improve operational efficiency.

Streamline approvals with direct-to-source data and real-time reports.

Enhance the borrower experience.

Minimize the paper chase with a fully digitized process.
Truv

DU-Approved Reports

Rep and warrant relief.

DU on the validated loan components when using asset data from Truv.

See Truv
Truv

Validation with One Report

1 report, 3 validations.

Submit a single asset report to DU for validation of income, employment, and assets.

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Truv

Fannie Mae DU

Report ID for submission to DU.

Report ID auto-generates and auto-populates in your LOS for seamless submission to DU.

See Truv
Truv

DU-eligible Reverifications

Reverification Report ID.

A Report ID auto-generates for reverifications and becomes eligible for DU.

See Truv

How it works.

How it works.

Truv orders
Verification
Report
Rep and warrant

All-in-one platform
for verifications.

All-in-one platform for verifications.

Peter Skarnulis

Peter Skarnulis

VP of Single-Family Digital Management Solution, Fannie Mae

“This collaboration is yet another opportunity for
lenders to quickly and efficiently automate
income, employment and asset data verification,
making the mortgage process more efficient for
both lenders and borrowers.”

“This collaboration is yet another opportunity for lenders to quickly and efficiently automate income, employment and asset data verification, making the mortgage process more efficient for both lenders and borrowers.”

Ready to get started?