A look at Truv, a company cutting verification and origination costs. The speaker explains how it compares to existing options and why it matters for reducing expenses in the verification process.
True had kind of just came out. So there was still no day one certainty. There was still some things missing, but the, the noise was there, right? Hey, there's this great new company that's making some inroads and I think that one of the sessions was profitability and how to drive costs down and remember hearing the name, did a little bit of research when I got back and then in the following TMC it came up again in our collab labs and I said, you know what, I really got to talk to these guys and check it out and then set it up and started talking about what can we do and, and you know, one of the biggest drivers with all verifications cost with the rising cost of originations and with one show in town for a long time, right. We were all kind of handcuffed to the work number and, and you know, as those additional options came out, especially with True, we saw a huge value add that where we could save a lot of money.