Avoid a “Fatal” Message in Freddie Mac UCDP “Pride of ownership.” “Crime-ridden area.” “Desirable area.” On January 26, Freddie Mac Loan Collateral Advisor® began delivering fatal feedback messages that prevent a “Successful” status on the Uniform Collateral Data Portal® Submission Summary Report for appraisal reports if they contain these terms and phrases and certain others that may be prohibited or …
HMDA
Streamline your HMDA Compliance with Xactus With the HMDA submission deadline quickly approaching on March 1st, time is of the essence! It’s crucial to act swiftly to meet compliance requirements. Even if you originate just 25 closed-end loans annually, HMDA reporting to the CFPB is mandatory for ALL mortgage applications – not just the closed ones. Let Xactus streamline your …
ICE EPC Integration
Announcing Xactus’ Integration with ICE Encompass Partner Connect Xactus’ flood zone determinations, credit reports, and other mortgage verifications integrations are now built on the latest Encompass Partner Connect™ API Platform and available through ICE Mortgage Technology®, part of ICE (NYSE: ICE), a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to …
Pre-App X vs. Pre-Qualification X
How to Master Pre-Approvals and Better Protect Your Pipeline Soft credit inquiries can help safeguard your pipeline. Understanding the difference between Xactus’ two pre-approval products, Pre-App X and Pre-Qualification X, is the first step toward avoiding prospect triggers until much later in the mortgage process. Pre-App X Adds Utility to a Soft Credit Pull Our Pre-App X soft inquiry report …
Xactus Names Michael Crockett Chief Operating Officer
Broomall, PA – February 22, 2024 — Xactus, the leading verification innovator for the mortgage industry, announced today that Michael Crockett has been named Chief Operating Officer. Previously he served as Chief Data Officer. In his expanded role, Crockett guides Xactus’ day-to-day operations and key departments including credit, verifications, and tenant screening. He also leads the strategic advancement of the …
Pre-App X: Add Utility to Soft Credit Inquiries
Delay prospect triggers until later in the mortgage process with Xactus’ pre-approval soft credit inquiry reports. Watch this video and learn more about how we are meeting the dynamic needs of the industry.
Progress in Lending: Q&A with James Owens, CTO at Xactus
James Owens, CTO at Xactus, recently shared insights into the vision behind Xactus360 and our commitment to advancing the modern mortgage. Read the PROGRESS in Lending’s Mortgage Executive’s article here: https://bit.ly/3S4Jj7G
MBA Newslink: Q&A with Shelley Leonard and Greg Holmes from Xactus
Gain valuable insights into the future of the mortgage industry. Don’t miss this MBA Newslink interview with our President, Shelley Leonard, and Chief Revenue Officer, Greg Holmes. Read it here.
2024 Prep: Trends, Tech & Threats for Mortgage Lenders
Planning for 2024? Check out our President, Shelley Leonard’s, and Chief Revenue Officer, Greg Holmes’ informative article that appeared in MortgageOrb on emerging trends, technologies, and threats. From AI adoption to tackling fraud schemes, learn how lenders can navigate the changing landscape. Read more.
Robbie Chrisman Talks Mortgage Tech with Xactus Execs
Shelley Leonard and Greg Holmes were interviewed on Chrisman’s podcast to discuss the strides Xactus is making in advancing the modern mortgage. In this insightful conversation, they shed light on the digitization of the mortgage process, emerging technologies and what lenders can do to gain a competitive edge. Listen to this compelling conversation to hear their insights about what’s in store …