Latest news with #DianeYu
Yahoo
02-07-2025
- Business
- Yahoo
Truv and Tidalwave Announce Point-of-Sale Integration to Streamline Mortgage Application Verification Process
Partnership delivers instant income, employment and asset verifications at the initial point of mortgage application, accelerating pre-approvals and enhancing borrower experience NEW YORK, July 2, 2025 /PRNewswire/ -- Truv, the market's leading provider of direct-to-source income, employment, and asset verifications, announced a strategic integration with Tidalwave, an innovative mortgage point-of-sale platform. The partnership embeds Truv's advanced verification capabilities directly into Tidalwave's mortgage application flow, creating a seamless verification process that significantly reduces pre-approval times and improves conversion rates for mortgage lenders. "Our integration with Tidalwave represents a significant advancement in mortgage application technology," said Kirill Klokov, CEO of Truv. "By providing instant access to real-time income, employment, and asset data at the initial point of application, we're helping lenders make faster, more confident pre-approval decisions while dramatically improving the borrower experience." The integration delivers substantial benefits to mortgage lenders and borrowers alike: Increase Automation: Embed Truv VOIE & VOA directly in the loan application to improve conversion and alleviate manual burden Accelerated Pre-Approval Process: Direct-to-source verification data at the point of application accelerates lending decisions Enhanced Borrower Experience: Minimize document collection and paperwork friction during the initial application Reduced Application Abandonment: Streamlining the verification process significantly improves application completion rates Significant Cost Savings: Lenders using Truv save 60-80% on verification costs compared to traditional solutions Diane Yu, CEO of Tidalwave, commented, "This partnership with Truv aligns perfectly with our mission to modernize the mortgage application process through technology. The integration provides our lender clients with instant access to critical verification data at the earliest point of borrower engagement, eliminating friction while ensuring compliance and accuracy." Truv's verification solution is available immediately through the integration, empowering mortgage lenders to improve the verification workflow directly at the point of sale in Tidalwave. About Truv Truv provides real-time income, employment, and asset verification solutions that help lenders make more informed decisions while reducing friction in the loan application process. Through secure, consumer-permissioned access to payroll data, Truv offers comprehensive coverage across 96% of the US workforce and 2.3M+ employers nationwide and 2.3M+ employers nationwide. With real-time, consumer-permissioned access to financial accounts, Truv leads the market in coverage with connectivity to 13,000+ financial institutions. About Tidalwave Tidalwave is an agentic AI startup streamlining the mortgage process for both lenders and borrowers. Tidalwave is integrated with both Fannie Mae and Freddie Mac, solving critical inefficiencies in the mortgage process for both borrowers and lenders by leveraging AI to reduce costs, improve accessibility, and accelerate approvals. Tidalwave addresses the outdated, manual-heavy mortgage process by making it faster, more affordable, and accessible for all parties involved. Media Contacts: TruvEmail: Tidalwave:Email: tgillogley@ View original content to download multimedia: SOURCE TRUV
Associated Press
08-05-2025
- Business
- Associated Press
Argyle integrates with Tidalwave to deliver embedded, real-time verification of income and employment
- New integration gives lenders faster, more efficient VOIE while improving the borrower experience - NEW YORK CITY, N.Y., May 8, 2025 (SEND2PRESS NEWSWIRE) — Argyle, a service provider automating income and employment verifications for some of the largest lenders in the United States, today announced its integration with Tidalwave, an agentic AI mortgage point-of-sale (POS) platform. The integration embeds Argyle's verification of income and employment (VOIE) solution directly into Tidalwave's borrower workflow, eliminating manual steps and accelerating loan origination as lenders prepare for a more active housing market. Through this integration, borrowers can connect their payroll provider and verify income and employment data within Tidalwave's Form 1003 application process, removing the need for separate emails or external verification steps. Loan officers can view verification status in real time and request VOIE at any stage of the loan lifecycle, whether at application or later in the process based on lender preferences. KEY INTEGRATION BENEFITS: 'Lenders no longer have to choose between borrower convenience and quality verification data; the integration between Tidalwave and Argyle delivers both,' said John Hardesty, vice president of mortgage at Argyle. 'By embedding verification at the point of sale, we help lenders move loans through the process faster while ensuring income and employment data remains accurate and complete.' 'Tidalwave leverages agentic AI to keep borrowers engaged while streamlining workflows for lenders,' said Tidalwave Co-founder and CEO Diane Yu. 'By integrating Argyle's verification solution, we reinforce our dedication to delivering an AI-driven mortgage experience that is smarter, faster and more intuitive.' 'At GNB Mortgage, we're always looking for ways to streamline our processes and better serve our customers. This integration is a testament to what's possible when technology providers work together—it gives us timely, reliable data that supports faster, more informed lending decisions,' said Paige Hagerhorst, SVP of operations and technology at GNB Mortgage. Tidalwave supports a range of loan origination systems, including Encompass® from ICE Mortgage Technology ®, MeridianLink and Calyx, ensuring seamless data interoperability. The Argyle integration is available now to mutual customers, including Great Northern Bank, with expanded availability expected in the coming months. About Argyle: Argyle is the leading provider of direct-source, consumer-permissioned income and employment verifications, making it fast and easy to gain secure and reliable access to the most complete real-time datasets stored in consumers' payroll accounts. With Argyle, lenders automate verification workflows to save time, reduce fraud and compliance risks, lower costs, and build better product experiences. As an authorized report supplier for Fannie Mae's Desktop Underwriter® validation service and an approved service provider supporting Freddie Mac's Loan Product Advisor® asset and income modeler (AIM), Argyle empowers mortgage lenders to auto-retrieve paystubs and W-2s, understand consumers' ability to pay and improve loan quality—all at 60–80% less cost. Argyle's commitment to innovation is backed by investors including Bain Capital Ventures, SignalFire, Checkr and Rockefeller Asset Management. For more information on Argyle's industry-leading VOIE platform, visit About TidalWave: TidalWave is an agentic AI mortgage POS+ startup that streamlines loan origination through automation and generative AI. TidalWave's platform integrates directly with Fannie Mae's Desktop Underwriter and Freddie Mac's Loan Product Advisor systems, enabling real-time underwriting decisions and reducing manual processes for lenders and borrowers. Tags: @withArgyle @tidalwave_ai #mortgage #lending NEWS SOURCE: Argyle ### MEDIA ONLY CONTACT: (not for publication online or in print) Leslie W. Colley Depth for Argyle [email protected] (678) 622-6229 ### Keywords: Mortgage, loan origination systems, Argyle,, AI mortgage point-of-sale, verification of income and employment, NEW YORK CITY, N.Y. This press release was issued on behalf of the news source (Argyle) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P126059 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
