Philadelphia, Pa. – March 17, 2025 – Xactus, a fintech company and market leader in verification solutions for the mortgage industry, is pleased to announce the launch of its open API portal, allowing partners to easily access integration rules which enable a faster, easier way to integrate their own tools or platforms with Xactus360, an Intelligent Verification PlatformSM (IVP). “Launching …
Xactus Becomes First Technology Partner to Bring FICO Score Mortgage Simulator to Market
Philadelphia, Pa. – March 4, 2025 – Xactus, a fintech and market leader in verification solutions for the mortgage industry, announced that global analytics software leader FICO (NYSE: FICO) has teamed up with Xactus as its first technology partner in FICO’s quest to bring its innovative FICO® Score Mortgage Simulator to market. “We are excited about being the first company …
Rethinking Verification: Introducing The Intelligent Verification Platform
The mortgage industry has largely remained unchanged with regard to the loan manufacturing process for decades. Mortgage verifications, particularly, have seen little innovation until now. While industries like retail, healthcare, and even banking have embraced digital transformation, mortgage lending has been slow in its adoption. Outdated legacy systems, fragmented workflows, and a general resistance to change have kept the industry …
Xactus Introduces New Class of Technology: Intelligent Verification
Philadelphia, Pa. – February 24, 2025 –Xactus, a fintech and market leader in verification solutions for the mortgage industry, introduces a new class of technology called Intelligent Verification. Built on valuable insights derived from verification data, Intelligent Verification shifts how the industry originates and services mortgages – from inefficient, inflexible manual processes to dynamically configurable workflows. It harnesses real-time insights …
Xactus Introduces New Class of Technology: Intelligent Verification
Philadelphia, Pa. – February 24, 2025 –Xactus, a fintech and market leader in verification solutions for the mortgage industry, introduces a new class of technology called Intelligent Verification. Built on valuable insights derived from verification data, Intelligent Verification shifts how the industry originates and services mortgages – from inefficient, inflexible manual processes to dynamically configurable workflows. It harnesses real-time insights …
Xactus Names Mike Brown as Chief Product Officer to Drive Innovation in Mortgage Fintech
January 7, 2025 Philadelphia, Pa.– Xactus, a fintech company and the market leader in verification solutions for the mortgage industry, is pleased to announce the appointment of Mike Brown as Chief Product Officer. Brown previously served as the firm’s Chief Integration Officer. “As we continue our transformation into a fintech-forward organization, the role of Chief Product Officer is critical to …
Inaccurate Income Calculations and Employment Verification Errors Account for Four of the Top 10 Significant Loan Defects
How robust is your verification process? According to Fannie Mae’s Quality Insider Report issued in May 2024, income calculation errors and borrower not employed account for four of the top ten significant defects. Roughly two-thirds of significant loan defects issued had an initial debt-to-income (DTI) ratio above 43%. This report highlights the need for enhanced accuracy. Rest assured with our …
One Provider. Faster Results.
Only Xactus. It’s That Simple. Did you know that Xactus offers verification solutions for the entire mortgage lifecycle? From leads to post close quality reviews, Xactus is your single source provider for the verifications and data you need to make confident decisions about your applicants. Here are just some of the innovative products and services Xactus offers: Pre-screened Leads X: …
Accurately Assess Flood Zones With Flood Report X
Have you ever questioned whether your flood report is correct? What if you could ask for a second look, free of charge? Wouldn’t it be great if you didn’t have to pay for a flood report unless the loan closed? All of this is possible with Flood Report X. Fully integrated with Xactus360 technology, Xactus Flood Report X provides the …