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Verbal Verification of Employment (VVOE) ~ E3

Course Description

Verbal verifications of employment, or VVOEs, are a tool commonly employed by lenders for the purpose of risk mitigation, fraud prevention, and data accuracy. This course will cover the importance of the VVOE in the loan manufacturing process and the requirements around it. What You’ll Learn: Define the purpose of the verbal verification of employment Identify some of the common parameters around VVOEs Interpret information collected on a VVOE
10 Minutes
Series: Mortgage 101
Roles: Mortgage Professionals, Mortgage Closer, Mortgage Loan Originator, Mortgage Lock Desk, Mortgage Processor, Mortgage Servicer, Mortgage Underwriter
Course Format: E3

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