Source, freshness, and confirmation
A useful value should explain where it came from.
LendForma uses provenance labels instead of vague “audit-stamped” claims. A source label improves traceability; it does not turn software output into assurance or a lender decision.
Recommended labels
- Borrower entered.
- Imported from accounting system.
- Connected-source balance.
- Extracted from document, borrower confirmed.
- Reviewed by broker.
- Manually adjusted, with the original retained.
Keep source and adjustment separate
Imported or connected values should retain provider, retrieval time, covered period, consent record, and report identifier where available. A borrower or broker adjustment belongs beside the source value, never invisibly on top of it.
Connected verification is a governed phase
Bank and accounting integrations should follow validation of the package workflow and a legal review of consent, retention, FCRA, GLBA, privacy, service-provider, and applicable licensing obligations.
Current product boundary
LendForma currently supports borrower-entered, user-confirmed, and controlled document-extraction provenance. It does not currently claim bank verification or continuous open-banking monitoring.