APPRAISAL FIREWAL

What APPRAISAL FIREWAL does

Appraisal Firewall, operating under the legal entity XedaLink (DBA Xactus), is a private U.S.-based software provider founded in 1989 and headquartered in Spokane, Washington. The company builds cloud-based appraisal management software used by residential mortgage lenders, banks, credit unions, and AMCs to order, route, review, and submit real estate valuations in compliance with federal and GSE standards. Its flagship platform, Appraisal Firewall X (AFx), unifies appraisal ordering, vendor management, compliance documentation, and order routing into a single web-based workflow, with native integration into loan origination systems such as Ellie Mae's Encompass.

The product portfolio spans three differentiated modules. VerisiteX is a mobile property inspection application that uses computer vision to verify geolocation and capture property photos and media at the inspection site. Appraisal ScorecardX applies predictive analytics to generate risk indicators that flag potential fraud or valuation concerns during lender review. ARC is an appraisal order routing component that automates panel management and assignment. The platform is certified as a UCDP Lender Agent and integrates with the FHA EAD portal, embedding the company directly into the federally regulated residential valuation submission chain.

The business model is B2B SaaS with revenue generated through subscriptions, per-order transaction fees, and module-based pricing sold primarily to mid-market and enterprise mortgage lenders. Distribution is anchored by LOS integrations (notably Encompass) and by partnerships with AMCs and technology providers, including coverage extending into five Canadian provinces. The company employs 11-50 people, has not disclosed external funding rounds or revenue, and operates without publicly disclosed M&A activity.

Name

APPRAISAL FIREWAL

Legal name

XedaLink

Website

https://corp.appraisalfirewall.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Real Estate Appraisal Management Software

akta.pro primary industry

Automated Valuation Models (AVM) & Property Data/Analytics (FSALALAJ)

akta.pro secondary industries

Property Valuation: Appraisal Management (AMC) & Appraiser Networks (FSALALAI), Automated Valuation Models (AVM) & Desktop/Hybrid Appraisals (BPAJAKAO), Residential Property Appraisal (BPAJAKAA)

Keywords

• Appraisal management software
• Real estate appraisal platform
• Mortgage compliance software
• Mobile property inspection
• Loan origination integration

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS subscription for appraisal management: Appraisal Firewall X is a web-based software platform for financial institutions to manage their own appraisal process. Lenders pay for access to the platform to order, manage, and track appraisals with their appraiser panels and connected AMCs.
2. VerisiteX mobile property inspection: Additional product revenue from mobile property inspection tools including Photo Reports, Collateral Data Reports, and VerisiteX Plus packages for lenders.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Appraisal Firewall X is a web-based residential and commercial appraisal management software platform that enables mortgage lenders, banks, and credit unions to manage their own appraisal process by working directly with trusted appraisers and any AMCs of their choosing. The platform delivers double-blind ordering, full communications audit trails, UCDP and FHA EAD electronic delivery, and add-on modules for mobile property inspections, automated quality review, and PDF appraisal comparison.

Product overview

Appraisal Firewall is a modular real estate appraisal management platform for mortgage lenders. The core product is Appraisal Firewall X, a web-based platform for managing residential and commercial appraisals with direct lender-appraiser relationships. The platform integrates with Encompass LOS for seamless workflow. Add-on modules include VerisiteX (mobile property inspection tools with three variants: Photo Report, Collateral Data Report, and Plus), Appraisal Scorecard X (automated appraisal review and risk scoring), and the Appraisal Report Comparison Tool (ARC) for comparing PDF appraisal revisions.

Differentiator

Problem solved

Functional benefit

Brands

• VerisiteX: Mobile property inspection tools for residential, equity, commercial lending, and disaster assessments. Includes Photo Report, Collateral Data Report, and VerisiteX Plus products.
• Appraisal ScorecardX
• Appraisal Report Comparison (ARC)

Products and services

• Appraisal Firewall X Web-based residential and commercial appraisal management platform that enables lenders to manage their own appraisal process, work directly with trusted appraisers and any AMCs of their choice, and comply with appraisal regulations including CFPB, Reg B, Dodd-Frank, and UAD/UCDP.
• VerisiteX Mobile property inspection tool that enables lenders, appraisers, borrowers, and inspectors to obtain verified property inspection reports and collateral valuation data via a mobile app with GPS location verification to eliminate photo fraud.
• VerisiteX Photo Report Verified property inspection report providing interior and exterior site photos, property descriptions, and maps, with GPS location verification of pictures and order fulfillment through the VerisiteX mobile app.
• VerisiteX Collateral Data Report Property data and risk analysis report condensing property detail into Subject Risk Score, Market Risk Score, Collateral Integrity Score, AVM value, price changes, foreclosure data, and 15 sections of decisioning information.
• VerisiteX Plus Combined property and market data report merging VerisiteX Photo Report with the Collateral Data Report, adding current property photos, historical data from public records, deed transfers, and top 20 recently sold nearby properties.
• Appraisal Scorecard X Automated appraisal review and risk management tool enabling real-time collaboration between lender, reviewer, and appraiser, with five-category risk scoring and filtering of files requiring manual review.
• Appraisal Report Comparison (ARC) Tool Quality control tool that automatically compares original PDF appraisal reports with subsequent deliveries from revision requests or comparable disputes and displays report differences in approximately 5 seconds.
• Encompass LOS Integration Native appraisal ordering and management interface built directly within the Encompass LOS, enabling lenders to order appraisals and receive completed PDFs, UCDP SSRs, invoices, and audit logs without leaving Encompass.

Quantifiable outcome

• Review times reduced from days to hours or less
• +1 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability6 records

Feature10 records

Partnerships

Five partnerships are on record, tiered core.

• Encompass (Ellie Mae)coreTechnology or IntegrationIntegration partnership providing the most complete appraisal interface available in Encompass LOS. Lenders can order appraisals directly within their familiar Encompass workflow without rekeying borrower or property data. Completed PDFs, UCDP SSRs, invoices, and audit logs are delivered back to Encompass.
• FHA EADcoreTechnology or IntegrationDirect connection to FHA Electronic Appraisal Delivery system for lenders to submit appraisals as required by FHA guidelines.
• UCDP (Uniform Collateral Data Portal)coreTechnology or IntegrationAppraisal Firewall X is a UCDP Lender Agent that can send UAD-compliant appraisals to the UCDP on behalf of lenders. GSEs and investors require UAD-compliant appraisals to be delivered electronically to UCDP.
• GSEs (Fannie Mae, Freddie Mac)coreTechnology or IntegrationCompliance with GSE Uniform Mortgage Data Program requirements including UAD standardization and UCDP electronic delivery to meet investor requirements.
• Various LOS ProviderscoreTechnology or IntegrationIntegrated with multiple Loan Origination Systems to provide seamless appraisal ordering without leaving the LOS environment. Partnership with Encompass is highlighted as the most complete integration available.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Reggora: Modern cloud-based appraisal management platform serving mortgage lenders with order management, automated review, and appraiser-vendor workflows — the closest direct competitor to Appraisal Firewall X's core offering.
• Class Valuation: National appraisal management company (AMC) providing residential and commercial valuation services to lenders; competes for the same lender customers, though from the AMC side rather than the non-AMC model.
• Plaid Cloud / BluePrint Home Solutions: Mobile property inspection and appraisal technology provider competing directly with VerisiteX in the residential inspection and collateral data workflow for mortgage lenders.

Broad incumbents

• ICE Mortgage Technology (Black Knight): Large mortgage technology incumbent with origination, servicing, and collateral solutions including appraisal ordering integrated within the Empower LOS — a bundling threat to standalone appraisal platforms.
• CoreLogic (Cotality): Major property data and analytics provider offering AVMs, collateral solutions, and appraisal workflow tools used by lenders — broad incumbent with overlapping property data and valuation components.
• Clear Capital: Established provider of residential and commercial valuation solutions, including appraisal management and proprietary AVMs (ClearAVM); broader incumbent overlapping in the lender appraisal technology space.
• Stewart Lender Services: Established provider of title, closing, and valuation services to mortgage lenders; competes indirectly through AMC relationships and bundled lender services.

Emerging players

• SnapDocs: Digital closing and mortgage workflow platform serving lenders and notary networks; adjacent technology overlap in lender workflow automation though not focused on appraisal management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AppraisalF

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about APPRAISAL FIREWAL