Xactus Boosts Employment Verification Efficiency Through Peek Verify™ Integration
In a significant move to enhance the mortgage industry's verification processes, Xactus has announced the integration of Peek Verify™ from Thomas & Company into its leading verification solution, Xactus360. This innovative development aims to provide greater transparency and control during the employment and wage verification phase of mortgage applications.
Peek Verify™ is designed to deliver early visibility into employment and wage data, offering lenders a real-time glimpse into whether Thomas & Company has the necessary records before the complete verification process begins. This efficiency is expected to minimize costs, expedite decision-making, and boost transparency throughout the mortgage process.
Shelley Leonard, President of Xactus, expressed enthusiasm for the integration, stating, "Peek Verify™ adds another layer of intelligence to the Xactus360 platform. By combining our technology and workflow automation with Thomas & Company’s extensive data network, we enable lenders to preview record availability upfront, supporting smarter, faster, and more cost-efficient loan decisions."
By embedding Peek Verify™ into Xactus360, clients can enjoy streamlined workflows, reducing unnecessary verification requests. This not only enhances the borrower experience by promoting faster approvals but also decreases the likelihood of delays. Lenders can now check for record presence, employer information, employment status, and wage data availability prior to ordering a paid verification, ensuring they only pay for what they require.
Nate Kenney, CEO of Thomas & Company, mentioned the synergy of their collaboration, stating, "Our partnership with Xactus reflects a mutual commitment to innovation, transparency, and client success. Peek Verify™ represents a new standard in data accessibility and cost control, allowing verifiers to make well-informed decisions with enhanced confidence."
Following the completion of this integration, lenders will have the capability to leverage Peek Verify™ to preview relevant employment and wage data prior to placing their orders. This offers the transparency and control essential for reducing verification costs while streamlining workflows effectively.
This integration marks a notable step within Xactus's ongoing initiative to expand its Intelligent Verification Platform, Xactus360, and showcases the company’s dedication to redefining the verification landscape through advanced technology, data utilization, and collaborative efforts.
As Xactus continues to innovate, each integration signifies a move towards making the modern mortgage experience increasingly intelligent and intuitive. With significant advancements in technology like Peek Verify™, the mortgage industry is on a trajectory of enhanced efficiency, allowing financial institutions to navigate employment and wage verifications with greater confidence and effectiveness.
Xactus is a prominent fintech company specializing in verification solutions tailored for the mortgage and financial services sectors. Through the application of advanced technology and extensive industry insights, Xactus aims to provide groundbreaking solutions that optimize the loan origination and servicing processes. Its Intelligent Verification Platform, Xactus360, empowers clients to make informed mortgage decisions more swiftly while amplifying efficiency and minimizing waste. For more information, visit xactus.com or reach out via [[email protected]].
In an era where speed and reliability are crucial, Xactus's integration of Peek Verify™ is a game-changer, propelling the sector toward improved operational excellence.
A Leap Towards Efficiency
Peek Verify™ is designed to deliver early visibility into employment and wage data, offering lenders a real-time glimpse into whether Thomas & Company has the necessary records before the complete verification process begins. This efficiency is expected to minimize costs, expedite decision-making, and boost transparency throughout the mortgage process.
Shelley Leonard, President of Xactus, expressed enthusiasm for the integration, stating, "Peek Verify™ adds another layer of intelligence to the Xactus360 platform. By combining our technology and workflow automation with Thomas & Company’s extensive data network, we enable lenders to preview record availability upfront, supporting smarter, faster, and more cost-efficient loan decisions."
Streamlined Workflows for Better Experience
By embedding Peek Verify™ into Xactus360, clients can enjoy streamlined workflows, reducing unnecessary verification requests. This not only enhances the borrower experience by promoting faster approvals but also decreases the likelihood of delays. Lenders can now check for record presence, employer information, employment status, and wage data availability prior to ordering a paid verification, ensuring they only pay for what they require.
Nate Kenney, CEO of Thomas & Company, mentioned the synergy of their collaboration, stating, "Our partnership with Xactus reflects a mutual commitment to innovation, transparency, and client success. Peek Verify™ represents a new standard in data accessibility and cost control, allowing verifiers to make well-informed decisions with enhanced confidence."
What This Means for Lenders
Following the completion of this integration, lenders will have the capability to leverage Peek Verify™ to preview relevant employment and wage data prior to placing their orders. This offers the transparency and control essential for reducing verification costs while streamlining workflows effectively.
This integration marks a notable step within Xactus's ongoing initiative to expand its Intelligent Verification Platform, Xactus360, and showcases the company’s dedication to redefining the verification landscape through advanced technology, data utilization, and collaborative efforts.
As Xactus continues to innovate, each integration signifies a move towards making the modern mortgage experience increasingly intelligent and intuitive. With significant advancements in technology like Peek Verify™, the mortgage industry is on a trajectory of enhanced efficiency, allowing financial institutions to navigate employment and wage verifications with greater confidence and effectiveness.
About Xactus
Xactus is a prominent fintech company specializing in verification solutions tailored for the mortgage and financial services sectors. Through the application of advanced technology and extensive industry insights, Xactus aims to provide groundbreaking solutions that optimize the loan origination and servicing processes. Its Intelligent Verification Platform, Xactus360, empowers clients to make informed mortgage decisions more swiftly while amplifying efficiency and minimizing waste. For more information, visit xactus.com or reach out via [[email protected]].
In an era where speed and reliability are crucial, Xactus's integration of Peek Verify™ is a game-changer, propelling the sector toward improved operational excellence.
Topics Business Technology）
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