Xactus offers active registration data to help lenders generate and retain leads
PHILADELPHIA CREAM–(BUSINESS WIRE)–Xactus, the leading verification innovator for the mortgage industry, today announced that it offers active registration data to help lenders attract new applicants and retain existing relationships.
Active Listing Scan is a monitoring solution that scans residential addresses to detect changes in listing status, alerting lenders when properties have recently been listed. It leverages a combination of the most comprehensive and continuously updated listing databases available and includes MLS listing data as well as public records from data aggregators.
Offers coverage for all 50 states – with the highest success rate in the industry – 97% MLS coverage and 99% jurisdictional coverage
Allows review of current service customers as well as non-customer lists
Helps reduce churn and increase retention as current clients buy new homes and new owners move into your clients’ recently sold homes
Alerts loan servicers to possible short sales
Uses non-FCRA data – no firm offer required
Details of listing date, listing price, broker contact information, changes in listing status and average days on market for the district
“It’s no secret – today’s market is extremely tight and competitive. At Xactus, we have an unparalleled commitment to the success of our clients and we work diligently to offer solutions like Active Listing Scan that will help them close more loans faster,” said Michael Crockett, Chief Data Officer of Xactus.
Xactus is the new name for the recently merged family of companies that includes Credit Plus, Universal Credit Services, CIS Credit Solutions, Avantus and DataFacts Lending Solutions.
Xactus is the leading verification innovator for the mortgage industry. The company has more than 6,500 customers ranging from the largest bank and non-bank mortgage originators to credit unions and mortgage brokers. With 12 operations centers in the United States, Xactus works closely with its customers to digitally integrate a 360° approach to verification into their workflows. As a result, lenders can easily access the technology needed to meet consumer demands for a modern mortgage experience with industry-leading speed, reliability and accuracy, while closing more loans faster with greater profitability. For more information, please visit https://xactus.com/.