Xactus Teams Up with ACUMA for Strategic Services
Xactus, a leader in verification innovation for the mortgage industry, has recently confirmed its position as the exclusive provider of credit reporting, verification, and flood services for ACUMA Services. This strategic collaboration aims to bring outstanding value to ACUMA's trusted credit unions and service organization members through exclusive discounted product offerings.
Improving Access to Essential Services
The partnership between Xactus and ACUMA marks a pivotal move towards improving the mortgage process for credit unions. By being the only verification provider, Xactus is set to give credit unions quick and efficient access to vital verification solutions. As Shelley Leonard, President of Xactus, stated, 'This partnership is designed to empower credit unions, enabling them to close loans more swiftly and profitably.'
Closing Gaps in the Mortgage Industry
This collaboration seeks to fill existing gaps in the mortgage service sector by providing tailored solutions that cater to the specific needs of credit unions. Xactus has established a strong presence by partnering with key associations focused on enhancing the mortgage landscape. This partnership underscores their dedication to advancing the contemporary mortgage experience.
ACUMA’s Impact in the Mortgage Sector
ACUMA, recognized as the largest organization representing credit unions within the mortgage field, comprises a vibrant membership of over 390 credit unions along with 20 credit union service organizations. Its mission is to enhance its members’ effectiveness, making access to high-quality services essential for success in today’s mortgage environment.
Enhanced Services for Members
The partnership will also bring significant advantages to credit unions that haven’t yet utilized Xactus’ offerings. Those credit unions will benefit from reduced rates for Xactus’ innovative credit, verification, and flood solutions, as well as additional services such as quality assurance/control solutions, data analytics, and valuation products at lower fees.
Looking Ahead: Strategic Vision
Peter J. Benjamin, CMB, President of ACUMA, expressed his excitement about this partnership, stating, 'Our goal was to engage with top-tier providers. We believe Xactus will enhance the range of services available to our members, and we look forward to building a robust partnership in the years ahead.'
About Xactus: Pioneering Innovation in Mortgage Verification
Xactus is at the leading edge of verification innovation in the mortgage industry. It serves a broad client base of over 6,500, including large banks and independent mortgage brokers. Xactus has created a comprehensive system that integrates verification solutions seamlessly into workflows. This innovative approach allows lenders to quickly address evolving consumer demands for a modern mortgage experience with unmatched speed, reliability, and precision.
By working closely with clients, Xactus aims not only to facilitate quicker loan closings but also to promote greater profitability across the board. Their focus on client engagement and service expansion distinctly positions them to lead in mortgage verification solutions. To find out more, visit Xactus’ official website or their LinkedIn page.
Frequently Asked Questions
What services does Xactus provide in partnership with ACUMA?
Xactus offers exclusive credit reporting, verification, and flood solutions, along with additional services at discounted rates for ACUMA members.
Who is ACUMA and what role does it play?
ACUMA is the largest association for credit unions focused on the mortgage sector, supporting its members with access to essential products and services.
How will this partnership benefit credit unions?
This collaboration will enable credit unions to access faster, more affordable credit verification and flood options, enhancing their operational efficiency and profitability.
What advantages do Xactus clients receive?
Xactus clients benefit from innovative solutions that integrate smoothly into their operations, resulting in a streamlined mortgage process with increased speed and accuracy.
What is the strategic vision for Xactus in the mortgage industry?
Xactus aims to strengthen partnerships within the industry to promote advancements in mortgage solutions, ensuring that clients have swift access to high-quality services that meet modern consumer demands.
