TRU TransUnion

TransUnion and Truework Align to Provide Mortgage Lenders Expanded Access to Verification of Income and Employment

TransUnion and Truework Align to Provide Mortgage Lenders Expanded Access to Verification of Income and Employment

TruVision™ Income and Employment Verification (Powered by Truework) provides mortgage lenders a robust and efficient verification solution

CHICAGO, March 04, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) announced today an advancement of its partnership with Truework, a leading income and employment verification provider. The collaboration will now allow mortgage lenders more encompassing and reliable access to the verification of income and employment (VOI/E) information they need to accelerate underwriting while minimizing costs.

TruVision™ Income and Employment Verification (Powered by Truework) enables a comprehensive income and employment verification waterfall now available via the TransUnion API. This follows the recent launch of a similar TransUnion solution, also powered by Truework, for purposes of and builds upon the existing availability of the solution for auto lending.

“With mortgage originations expected to rise this year, lenders more than ever will need efficient tools and resources for streamlined income and employment verification,” said Satyan Merchant, senior vice president and mortgage business leader at TransUnion. “TruVision Income and Employment Verification provides lenders with access to these major verification methods in one single solution.”

With TruVision Income and Employment Verification, lenders have access to major verification methods — orchestrated together in a single solution with an industry-leading 75% average completion rate. This includes instant data for 48M+ active employee records, consumer-permissioned payroll which covers 90% of US employers, and automated outreach to HR departments and third-party providers.

“We are excited to provide mortgage and home equity lenders with access to this new income and employment verification solution that can save them time and money while reducing errors along the way,” said Liz Pagel, senior vice president and global head of alternative data at TransUnion. “Through the integration of Truework’s best-in-class solution, we are getting closer to our vision that through one API call, mortgage lenders can receive credit, verified income and employment, and other critical solutions like undisclosed debt monitoring, which can help streamline the underwriting process.”

Ethan Winchell, president and co-founder at Truework, added, "We are excited to power the end-to-end verification experience for TransUnion's TruVision™ Income and Employment Verification product, and to bring speed, transparency, and high report completion to TransUnion customers. For Truework, this integration opens the doors for many new exciting markets where customers need income and employment data."

TransUnion is conducting a phased rollout of the new solution including integrations with loan origination systems, point-of-sale systems and GSE certifications. Mortgage and home equity lenders interested in piloting the solution are encouraged to contact or their TransUnion representative to join its early adopter program. 

About Truework

Truework is the leading platform that solves income and employment verification pain points for mortgage lenders. Powered by automation and machine learning, Truework removes the complexities of managing multiple verification vendors in-house by replacing traditional and manual efforts and delivering comprehensive, vetted, and accurate verification reports. With Truework’s industry-leading 75% completion rate, mortgage providers achieve cost savings of up to 50%. To learn more, visit .

About TransUnion (NYSE: TRU)

TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. 

ContactDave Blumberg
 TransUnion
  
E-mail
  
Telephone 312-972-6646


EN
04/03/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TransUnion

 PRESS RELEASE

New TransUnion Analysis Finds 18 Million Auto Loan Borrowers Could Sav...

New TransUnion Analysis Finds 18 Million Auto Loan Borrowers Could Save Substantial Money by Refinancing Their Loans Refinancing offers savings potential and improved performance for lenders CHICAGO, July 31, 2025 (GLOBE NEWSWIRE) -- As inflation remains persistent and interest rates stay elevated, many consumers continue to face pressure on their household budgets—prompting a growing search for ways to improve monthly cash flow. from TransUnion (NYSE: TRU) reveals that auto loan refinancing may offer a meaningful path to savings for millions of consumers, while also presenting a valua...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

TransUnion Announces Second Quarter 2025 Results

TransUnion Announces Second Quarter 2025 Results Exceeded second quarter 2025 financial guidance across all key financial metricsDelivered 9 percent organic constant currency revenue growth (10 percent reported) led by U.S. Financial ServicesDe-levered to 2.8x Leverage Ratio at quarter-end and repurchased $47 million shares through mid-JulyRaising 2025 financial guidance, we now expect to deliver 6 to 7 percent revenue growth for the year on both a reported and organic constant currency basis CHICAGO, July 24, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) (the “Company”) today announce...

 PRESS RELEASE

More than 1 in 4 Canadians (27%) Say They Can’t Pay All Their Bills at...

More than 1 in 4 Canadians (27%) Say They Can’t Pay All Their Bills at a Time When Millions Face Mortgage Rate Increases – TransUnion Study   As variable rate mortgages opened during the pandemic come under renewal, many Canadians are experiencing payment shock with an average 25% increase in mortgage repayments in last three years 44% of Canadians surveyed say they plan to cut discretionary spending.Among Canadians who said they don’t anticipate being able to pay all their bills and loans in full, 68% said it’s their credit card payments they won’t be able to make.While 46% of Canadians ...

 PRESS RELEASE

TransUnion Announces Earnings Release Date for Second Quarter 2025 Res...

TransUnion Announces Earnings Release Date for Second Quarter 2025 Results CHICAGO, June 27, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) will publish its financial results for the second quarter ended June 30, 2025, in a press release to be issued at approximately 6:00 a.m. Central Time (CT) on Thursday, July 24, 2025. The company will hold a conference call on the same day at 8:30 a.m. (CT) to discuss its financial results. The press release and a live webcast of the earnings conference call will be available on the TransUnion Investor Relations website at . About TransUnion (NYSE: ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch