What are the key features and data quality benefits of Truv's VOA solution in Lodasoft?
The VOA solution, powered by Truv, is designed to provide high-quality, secure, and comprehensive asset data:
- Industry-Leading Coverage: The platform connects to 13,000+ financial institutions, ensuring wide coverage for asset verification.
- Enhanced Security: 75%+ of these connections utilize OAuth, a secure authorization standard that protects borrower credentials.
- High-Quality Data: The system uses direct-to-source connections to retrieve data straight from the financial institutions, ensuring the highest quality and accuracy of the information provided to the lender.