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...
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...
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 ReportX. Fully...
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...
For those of you who connected with us at the MBA Annual, it was great seeing you. If you happened to miss the convention, connect with us on LinkedIn and check out all the buzz and happenings from the event! On Monday, October 28, our President, Shelley Leonard,...
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...
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.
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...
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...
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...