Xactus, offering verification solutions for the mortgage industry, has introduced Intelligent Verification – what the firm calls a new class of technology.
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, the company says in a release.
It harnesses real-time insights to power automated actions, enabling faster and better decision-making while reducing waste and redundancies.
Xactus360, the industry’s first Intelligent Verification Platform (IVP), integrates with existing POS and LOS systems to provide verifications. This allows clients to eliminate unnecessary data pulls and improve next-best actions, facilitating greater efficiency throughout the loan life cycle.
“Our IVP and decisioning logic enable different software systems to work together without friction, supporting cleaner interactions and integrations,” says Shelley Leonard, president of Xactus, in a release. “Intelligent Verification delivers the right data at the right time – empowering faster, more informed loan decisioning. Xactus has reached a pivotal moment – our future is in fintech as we keep advancing the modern mortgage through innovation.”
An Intelligent Verification Platform (IVP) is a data-driven, scalable delivery vehicle that reframes how, what, and when verifications occur. Focused on originations and servicing system integrations, the Xactus360 IVP serves as a vital connection to the industry and the products lenders need and desire throughout the mortgage lifecycle.
