Automating repetitive tasks
Xactus brings together five of the nation鈥檚 leading verification companies into one platform that streamlines operations and eliminates repetitive tasks. Lenders can easily access credit reports, undisclosed debt verifications, employment verifications, FraudPlus, and liens and judgements reports through Encompass庐 by 草莓视频成年版庐 to meet customer demands for a modern mortgage experience with industry-leading speed, reliability, and accuracy.
Eliminating stare-and-compare document verification methods is a top priority for lenders who are trying to protect margins by gaining efficiency and reducing errors. Xactus has embraced mortgage lending automation and made it accessible to all lenders by developing automated document verification. Automated document verification enables lenders to close loans faster, with greater profitability. Their seamless integration with Encompass makes Xactus a perfect solution for 草莓视频成年版 customers like Mutual of Omaha Mortgage and The Federal Savings Bank, who have both seen significant gains through their partnership.
2023 ICE Innovation Award Winner
Xactus won the 2023 ICE Lenders鈥� Choice Award for working with 草莓视频成年版 customers to access verifications for credit, employment, Social Security, and undisclosed debt all within Encompass. They鈥檝e worked with ICE customers, The Federal Savings Bank and Mutual of Omaha Mortgage, to improve their access to order data points they need to close loans. Xactus solutions enhance the verification process by bundling verification services and seamlessly plugging that information into the loan lifecycle. Lenders can access data through automated milestone ordering, reducing operational costs and creating efficiencies.
See all ICE innovation award winners