Take the Guesswork out of HMDA LAR Reporting with QC Review X

Is your internal compliance team too swamped to complete HMDA LAR reporting? Turn to QC Review X. Our robust, user-friendly technology allows you to complete HMDA reporting accurately and quickly. Validates the data you’ve collected Run business rules to help quickly identify errors across large data files Allows you to efficiently complete and file reports Flags data variances exposing you …

U.S. Navy Honors Xactus Board Member John H. Dalton

Broomall, PA – April 10, 2023 – Xactus, the leading verification innovator for the mortgage industry, announced today that the U.S. Navy is naming its newest nuclear submarine after one of its board members, John H. Dalton, a former Secretary of the Navy. John Dalton served as the 70th Secretary of the Navy. The USS John H. Dalton will be …

Xactus Wins ICE Innovation Technology Award

Xactus Wins ICE Innovation Technology Award  Company named a leader in mortgage innovation and technological advancement by ICE Mortgage Technology®  Broomall, PA – February 16, 2023 – Xactus has been awarded the 2023 ICE Innovation Award for Lenders’ Choice for Innovative Service Provider by ICE Mortgage Technology®, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, …

Now’s the Time to Improve Efficiencies

Make your verifications more productive in 2023 Thanks to inflation, costs are rising everywhere – groceries, clothing, utilities, restaurants, etc. – and the verifications industry is not immune. We recognize how this is impacting our customers because, frankly, we’re feeling it ourselves. And we can reduce this impact by evaluating your workflows to ensure they are as efficient as possible. …

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Mitigate risk with Fraud Report X

Fraud Report X, your comprehensive fraud risk management solution, easily helps you identify inconsistencies compared to stated borrower information as well as data integrity errors on mortgage applications and transaction information red flags associated with the collateral and professionals. But unlike competing products, Xactus DOES NOT require long-term commitments and there are no minimums – so there is no risk …

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Are you ordering VOE/Is too early in the process?

Improve your workflow with Xactus’ VOE/I Waterfall Timing is everything. And in today’s market – every dollar counts. Did you realize that if you order VOE/Is too early (such as during pre-app when the order is initiated by the borrower) it can increase your costs? Now’s the time to make sure you are being smart about your workflows when various …

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How well are you measuring the quality of your loans?

Loan quality is more important than ever right now. That’s why you should consider using Xactus’ Quality Assurance and Control solutions. Xactus’ QC ReviewX is comprised of multi-dimensional loan data and document reviews that identify and measure systemic and operational risk across client portfolios. We can review one loan file or thousands to identify potential underwriting errors, variances and compliance …

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Truv and Xactus Partner to Advance Mortgage Verification

Truv and Xactus will enable mortgage lenders to verify income and employment data for over 85% of working Americans, thus further automating the mortgage approval process. Truv announced that it partnered with  Xactus SM  to further enhance Xactus’ verification capabilities. This partnership will continue to accelerate Truv’s mission of enabling a more equitable financial ecosystem through its API connections to payroll accounts. …

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Ross Gloudeman Joins Xactus as General Counsel and Compliance Chief

Xactus, the leading verification innovator for the mortgage industry, announced today that Ross Gloudeman has joined the company as General Counsel and Chief Compliance Officer. As GC and CCO Officer, Gloudeman is responsible for providing leadership around Xactus’ legal and compliance strategies. “Throughout 2022, Xactus has continued to enhance our product offering and streamline workflows. By bringing in Ross, who has over 15 years’ …