FHFA Update: Credit Score and Credit Reports Initiative

As you know, in October 2022, FHFA announced the validation and approval of two new credit score models, FICO 10T and VantageScore 4.0, for use by Fannie Mae and Freddie Mac (the Enterprises). After a multiyear transition period, lenders would be required to deliver both FICO 10T and VantageScore 4.0 credit scores with each single-family loan sold to the Enterprises. Currently this is …

Xactus Appoints Sasha Stair as Chief Marketing Officer

Broomall, Pa. – October 23, 2024 – Xactus, a leading fintech and verification solutions company for the mortgage industry, is proud to announce the appointment of Sasha Stair as its new Chief Marketing Officer. “This is a pivotal moment for our organization,” said Shelley Leonard, President of Xactus. “Having a Chief Marketing Officer who can seamlessly partner with our sales …

Loan Life Cycle

Watch this short video to learn about the power of working with 1 vendor for all your verification needs  – and see why Xactus is your single source for success.

Xactus Innovation

Check out this compelling video about Xactus – how we have taken the road less traveled by breaking norms, confronting challenges, harnessing innovation, and embracing the future in ways unlike other companies in the industry – and how that has made all the difference for our clients.

Xactus Adds Thomas and Company to Verification Waterfall

Broomall, Pa. – September 24, 2024 – Xactus, a leading verification innovator for the mortgage industry, today announced that it has added Thomas & Company’s Wage and Employment Verification service to its employment verification waterfall which resides on the company’s digital verification platform, Xactus360. This partnership with Thomas & Company will add tens of millions of records to its platform …

Xactus Named Exclusive Provider for ACUMA Services

BROOMALL – September 19, 2024 — Xactus, the leading verification innovator for the mortgage industry, announced today that it has been named the exclusive credit reporting, verification and flood provider for ACUMA Services, a program designed to provide ACUMA trusted credit unions and CUSO members with discounted products and services. Xactus is the only verification provider, and one of six …

TenantReports.com Rebrands to TenantReport X

Broomall, Pa. – September 17, 2024 – TenantReports.com announces that it has been rebranded to TenantReport X. The company has been providing tenant screening reports to prospective landlords and property managers since 1992. Its suite of tenant screening services includes credit reports, criminal searches, bank verifications, tenant eviction searches, income and employment verifications, previous landlord verifications, and more. The tenant …

Xactus Announces Integration with ACES Quality Management

Xactus Announces Integration with ACES Quality Management® Broomall, Pa. – September 10, 2024 – Xactus, a leading verification innovator for the mortgage industry, today announced that it is now integrated with ACES Quality Management. ACES Quality Management and Control® software helps lending institutions achieve audit efficiency across their mortgage origination, consumer lending, loan servicing and specialty lending activities. With the …

Xactus Names Joseph Peterson as Chief Financial Officer

Xactus Names Joseph Peterson as Chief Financial Officer BROOMALL – June 26, 2024 — Xactus, the leading verification innovator for the mortgage industry, announced today that Joseph Peterson has been named Chief Financial Officer. “We are excited to have Joe join our leadership team. His proven track record and strong strategic financial acumen will help guide our company as we …