Xactus

What Xactus does

Xactus is a private fintech company that operates the Xactus360 Intelligent Verification Platform, serving U.S. mortgage lenders, servicers, and capital markets participants. The company processes 50M+ verification data products annually across 20M borrowers and 10,000+ unique lenders, and is positioned as the #1 provider in U.S. mortgage verification, up from #15 when Perry Steiner acquired the business in 2018. Its product suite spans credit reporting (Tri-merge Credit Report X, Pre-Qualification X), income and employment verification (Income Verification X, Employment Verification X, Asset Verification X, Tax Transcript X, Income CalculationX), fraud detection (Fraud Report X, QC Review X, Identity ID X), property solutions (Flood Report X, Appraisal Firewall, Verisite), score optimization (Xcel Score X, Rescore X, FICO Score Mortgage Simulator), and data analytics (Portfolio Monitoring X, Lost Mortgage Analysis X, Pre-screened Lead X, Mortgage Intent Index). Sub-brands include XedaLink (formerly Mortgage Credit Link), Xactus Flood Solutions (formerly MassiveCert), TenantReportX, and Xiris Valuations.

Xactus360 is an API-first platform with 150+ client-specific integrations to LOS, POS, CRM, and bankruptcy systems, plus 50+ third-party data provider integrations (Experian, Plaid, Argyle, FICO, Thomas & Company). The platform combines data-at-scale, AI/ML technology (deployed since 2022), and domain expertise to deliver configurable intelligent verification waterfalls with 99.99% uptime, dynamic credit/income/employment workflows, and real-time decisioning aligned with GSE frameworks (Fannie Mae DU, Freddie Mac LPA/AIM, Day 1 Certainty).

Xactus generates revenue through per-transaction verification fees (credit reports, income/employment verification, asset verification, fraud detection), platform/subscription access to Xactus360, FICO score licensing royalties (a multi-year Mortgage Direct License Program covering 90% of its volume at $4.95/score), and data monetization products. Go-to-market combines enterprise field sales (regional EVPs covering Eastern and Western U.S.), direct API access, ICE Mortgage Technology Platinum Partner marketplace presence, and embedded channel integrations. The company is backed by Lovell Minnick Partners, with leadership drawn from Black Knight, OneMain Financial, American Express, Sagent Lending, and Deloitte.

Name

Xactus

Legal name

Xactus, LLC

Website

https://xactus.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Xactus operates the Xactus360 Intelligent Verification Platform, providing credit, income, employment, asset, fraud, property, and data analytics verification products to 10,000+ U.S. mortgage lenders and servicers. It is the #1 U.S. mortgage verification provider, processing 50M+ data products annually via 150+ LOS/POS integrations.

Ownership category

akta.pro rank

Product category

Mortgage Verification Software

NAICS

Credit Bureaus (561450), Activities Related to Credit Intermediation (5223)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Fraud Detection, Identity & KYC/AML for Mortgages (FSALALAH)

akta.pro secondary industry

Quality Control (QC), Compliance & Audit Tools for Underwriting (FSALALAL)

Keywords

• Mortgage verification solutions
• Intelligent verification platform
• Credit reporting services
• Income employment verification
• Fraud detection mortgage

Headquarters

HQ city

Broomall

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Verification Services Revenue: Xactus generates primary revenue through verification data products including credit reports, income/employment verifications, asset verifications, and fraud detection services. Services are delivered through the Xactus360 platform on a per-transaction basis with pricing varying by verification type.
2. Platform/SaaS Subscription: Xactus360 platform access generates recurring revenue through subscriptions and usage-based pricing. The platform serves 65,000 unique users and processes 50M+ verification data products annually, indicating significant recurring transaction volume.
3. FICO Score Services: Through the FICO Mortgage Direct License Program partnership, Xactus generates revenue from FICO score generation and delivery services, offering 50% lower per-score fees than 2025 reseller costs.
4. Data Solutions: Additional revenue streams from data analytics products including Portfolio Monitoring X, Lost Mortgage Analysis X, and Pre-Screened Lead X services for portfolio retention and business development.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Xactus provides verification solutions for the U.S. mortgage industry through Xactus360, an Intelligent Verification Platform that combines data-at-scale, advanced AI, and domain expertise. The company delivers credit reports, income and employment verifications, asset verifications, tax transcript retrieval, fraud detection, property solutions including flood determinations, score optimization, and data analytics products to mortgage lenders and servicers. It serves over 10,000 unique lenders and processes more than 50 million verification data products annually.

Product overview

Xactus offers Xactus360, an industry-first Intelligent Verification Platform with a comprehensive suite of verification, credit, fraud detection, and data solutions for the mortgage industry. The platform architecture consists of the core Xactus360 platform enabling dynamic, AI-powered verification workflows integrated with 150+ LOS/POS/CRM systems. Products span: Credit solutions (Tri-merge Credit Report X, Pre-Qualification X, Pre-App X); Income & Employment verification (Income Verification X, Employment Verification X, Asset Verification X, Tax Transcript X, Deposit Verification X, Income CalculationX); Fraud Detection & QC (Fraud Report X, QC Review X, Identity ID X, Social Security Verification X); Score Optimization (Xcel Score X, Rescore X, FICO Score Mortgage Simulator); Property Solutions (Flood Report X, Appraisal Firewall, Appraisal Scorecard, Verisite, Valuation Model via XedaLink); and Data Solutions (Portfolio Monitoring X, Lost Mortgage Analysis X, Pre-screened Lead X, Portfolio Batch Update X, Lost Leads Analysis X). Acquired brands include XedaLink (formerly Mortgage Credit Link), Xactus Flood Solutions (formerly MassiveCert), and the recently acquired Income CalculationX from Baleen Solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Xactus360: Industry-first Intelligent Verification Platform providing credit, income, employment, fraud detection, and property verification solutions for mortgage lenders.
• Xactus Flood Solutions
• XedaLink
• TenantReportX
• Xiris Valuations
• Portfolio Monitoring X
• Income Verification X
• Employment Verification X
• Fraud Report X
• QC Review X
• MassiveCert

Products and services

• Xactus360 Industry-first Intelligent Verification Platform that enables lenders to make better loan decisions faster by automating verification workflows and delivering the right data at the right time. Features configurable integrations with LOS/POS systems, dynamic verification workflows, and AI-powered processing for mortgage origination and servicing.
• Tri-merge Credit Report X Comprehensive tri-merge credit reporting solution that dynamically configures workflows and improves the consumer digital experience for mortgage lenders, with pre-approval and pre-application soft-inquiry options.
• Income Verification X Income verification services providing access to employer payroll records and multi-source income analysis for mortgage lenders and servicers.
• Employment Verification X Verification of employment (VOE) workflow with access to millions of employment records and customizable cascading to online databases for mortgage lenders.
• Asset Verification X Electronically verifies applicant financial accounts, validates assets, deposits, and account activity directly from borrower financial institutions for mortgage underwriting.
• Tax Transcript X Automated IRS data feeds providing electronic tax transcript reports including Forms 4506-C and 8821 with real-time updates for mortgage underwriting.
• Deposit Verification X Verification of deposit accounts and account activity for mortgage underwriting.
• Undisclosed Debt X Real-time monitoring of applicant credit activity from initial file pull through loan closing to identify undisclosed debt for mortgage lenders.
• Fraud Report X Award-winning proprietary fraud risk detection platform that identifies risk, fraud, and errors through multi-dimensional validation including income/employment fabrication detection, undisclosed debt identification, and occupancy validation for mortgage lenders.
• QC Review X Automated pre-close workflow that digitally validates each loan through quality control steps to ensure compliance, with post-funding comprehensive audits combining data-rich automation and manual reviews.
• Identity ID X Identity verification and fraud detection service for mortgage lenders.
• Social Security Verification X Social Security Number verification service for mortgage loan applications.
• Xcel Score X Score optimization tool that automatically scans credit files and identifies potential improvement opportunities with possible score improvement values displayed for mortgage lenders and consumers.
• Rescore X Bureau rescore service where credit experts validate rescore requests prior to submission, with updates typically within 3-5 business days and rush options for 1-day turnaround at premium pricing.
• FICO Score Mortgage Simulator Tool that simulates how credit report changes might impact borrower FICO Scores, supporting more informed lending decisions. Offered through the SharperLending Credit Platform.
• Flood Report X Flood zone determination and risk assessment solution with Basic, Life of Loan, and Special Property determinations, elevation certificates, LOMA processing, and flood risk reports with scoring for mortgage and insurance industries.
• Verisite Mobile property inspection solution providing interior/exterior photo and video inspection property reports within minutes, with collateral valuation data.
• Portfolio Monitoring X Real-time mortgage inquiry alerts that notify lenders about customer credit activities, enabling proactive retention and portfolio management with single or tri-bureau monitoring options.
• Lost Mortgage Analysis X Analysis of borrower outcomes after loan payoff to benchmark performance and adjust retention strategies for mortgage servicers.
• Pre-screened Lead X High-quality targeted mortgage leads using cutting-edge data acquisition technology with access to credit, demographic and mortgage data on hundreds of millions of consumers for lender business development.
• Portfolio Batch Update X Current credit, property and public record data on loan servicing portfolios with key credit appends for comprehensive portfolio management.
• Lost Leads Analysis X Comprehensive breakdown of lead outcomes and competitive pressures with the ability to identify consumers still in market for re-engagement.
• Xactus Mortgage Intent Index (XMII) First-of-its-kind measure of borrower mortgage intent derived from millions of verified credit inquiries, providing real-time daily and weekly index of pre-application, application, and pre-close activity with forward-looking market demand signals weeks before traditional indicators.
• Income CalculationX Automated self-employed income analysis technology using machine-driven document recognition to process tax documents without human involvement, creating a fully auditable workflow between loan originators and underwriters for complex multi-source income scenarios.
• XedaLink Web-based credit and verification data ordering platform acquired from MeridianLink (formerly Mortgage Credit Link). Operates as an independent subsidiary providing order fulfillment, appraisal solutions, property valuations, and fraud detection tools.
• Xactus Flood Solutions Flood risk assessment services including Flood Report X, Basic/Life of Loan/Special Property determinations, Elevation Certificates, and LOMA processing for the mortgage and insurance industries (formerly MassiveCert).

Quantifiable outcome

• 50% lower FICO score fees through Mortgage Direct License Program vs. 2025 reseller costs
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability11 records

Feature9 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• XedaLink (formerly Mortgage Credit Link)coreTechnology or Integration · 27 May 2026Acquisition of Mortgage Credit Link (MCL) from MeridianLink, rebranded as XedaLink, operating as independent subsidiary. MCL is a web-based order fulfillment hub streamlining credit and verification data ordering from application to closing. Thirteen employees transitioned. Deal was Xactus's tenth merger.
• Kirkland & EllisminorImplementation/ SI/ Consulting Partner · 27 May 2026Legal counsel advising Xactus on the MCL acquisition transaction.
• McDonald HopkinsminorImplementation/ SI/ Consulting Partner · 27 May 2026Legal counsel advising Xactus on the MCL acquisition transaction.
• ExperiancoreTechnology or Integration · 12 May 2026Integration of Experian Verify Preview Report into Xactus360, providing upfront visibility into available employment records before full verification requests. Xactus is first to embed this capability directly within credit report workflow at no additional cost.
• Fannie MaecoreStrategic or Co-development Partner · 2 February 2026Baleen Solutions had previously announced collaboration with Fannie Mae to support income calculation workflow. Integration enables lenders to access automated income calculations that align with GSE requirements and facilitate Day 1 Certainty eligibility.
• Baleen SolutionscoreTechnology or Integration · 2 February 2026Acquisition of Baleen Solutions, technology provider specializing in automated self-employed income analysis. Added Income CalculationX technology to Xactus360 for evaluating complex multi-source income scenarios. Supports collaboration with Fannie Mae for income calculation workflows.
• Thomas & CompanycoreTechnology or Integration · 23 October 2025Integration of Peek Verify into Xactus360 providing early-stage visibility into employment and wage data availability before full verification requests. Reduces unnecessary verification orders, accelerates decision-making, and improves transparency. Thomas & Company provides national coverage for employment and wage verification services.
• ArgylecoreTechnology or Integration · 21 October 2025Partnership integrating Argyle's consumer-permissioned Verification of Income and Employment (VOIE) solution into Xactus360. Offers 90% national employer coverage, Day 1 Certainty and Freddie Mac AIM approval for representation and warranty relief. Reduces verification costs by up to 80%.
• PlaidcoreTechnology or Integration · 20 October 2025Strategic partnership bringing Plaid's FCRA-compliant Verification of Assets (VOA) solution to Xactus360. Integration provides up to 2 years of categorized inflows/outflows, average account balances, and asset-derived income. Compatible with Fannie Mae DU validation service and Freddie Mac LPA AIM. Plaid's account linking achieves up to 80% conversion rates in lending flows.
• ICE Mortgage TechnologycoreChannel Partner/ Reseller/ Distributor · 19 August 2025ICE Platinum Partner status signifies highest partnership tier with ICE Mortgage Technology. Provides prominent marketplace placement, access to exclusive tools and resources, and expanded marketing opportunities. Xactus actively participates in sales, marketing, and product development initiatives.
• FICOcoreTechnology or Integration · 1 January 2025Multi-year partnership for FICO Mortgage Direct License Program. Xactus is first to participate with a $4.95 performance pricing model offering 50% lower per-score fees than 2025 reseller costs. Covers 90% of Xactus mortgage volume under multi-year agreement. Xactus enabled for FICO Score 10T and VantageScore 4.0 ingestion.
• Xactus Flood Solutions (formerly MassiveCert)coreTechnology or Integration · 25 July 2022Acquisition of MassiveCert, a data and technology provider in national flood data sector, rebranded as Xactus Flood Solutions. Expands flood risk assessment services and strengthens presence in mortgage and insurance industries.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Advantage Credit: Credit reporting and verification services for the mortgage industry. Comparable peer in tri-merge credit reports, VOI/VOE, and verification workflow products targeting mortgage lenders.
• FormFree: Asset and income verification provider for mortgage lenders, with deep integrations into LOS systems. Direct competitor in the VOA / VOI space that Xactus also addresses via Plaid, Argyle, and Baleen integrations.
• DataVerify: Mortgage verification services provider offering credit, income, asset, and fraud verifications, now part of Stewart Information Services. Closest direct competitor to Xactus in mortgage verification workflow products.
• Credit Bureau Connection (CBC): Consumer credit reporting agency serving mortgage lenders with credit reports and verification services. Direct competitor in the same reseller-bureau channel as Xactus.
• Factual Data: Consumer credit reporting and verification services for mortgage lenders, now part of MeridianLink. Competes directly with Xactus in tri-merge credit reports and verification workflows.

Broad incumbents

• CoreLogic: Large property data, analytics, and verification provider (now part of ICE). Overlaps with Xactus in property solutions, appraisal review, flood data, and valuation models, but operates across a much broader real estate data portfolio.
• Stewart Information Services: Title insurance and real estate services company that acquired DataVerify. Provides mortgage verification services adjacent to its title business, competing with Xactus for lender verification spend as part of a broader real estate transaction bundle.
• ICE Mortgage Technology: Industry-leading mortgage technology platform (formerly Ellie Mae / Black Knight) that operates the dominant LOS (Encompass), alongside credit, verification, and closing solutions. Competes broadly with Xactus across the mortgage tech stack; Xactus is an ICE Platinum Partner, making the relationship both cooperative and competitive.

Emerging players

• Plaid: Consumer-permissioned financial data network integrated into Xactus360 for Verification of Assets. A partner today, but with growing ambitions to serve lenders directly in income and asset verification, making it both collaborator and potential disruptor.
• Argyle: Consumer-permissioned VOIE platform providing direct-to-source income and employment data. Integrated into Xactus360, but Argyle also sells direct to mortgage lenders, creating competitive overlap in income verification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/xactus-llc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xactus