BROOMALL, PA — Xactus, a prominent provider of verification services, has announced the integration of several of its key services with Dark Matter Technologies’ Empower® loan origination software (LOS). This collaboration marks a significant advancement in the efficiency of loan processing, offering lenders access to crucial verification tools directly through the Dark Matter platform.
The services now accessible through the Empower® LOS include Employment VerificationX, Social Security VerificationX, and Credit ReportX. Additionally, Xactus has outlined a roadmap for integrating further services such as Flood ReportX, Tax TranscriptX, and Undisclosed Debt VerificationX, indicating a long-term commitment to enhancing the lending experience.
Shelley Leonard, President of Xactus, underscored the importance of this partnership, highlighting that it brings unparalleled efficiency to lenders by expediting the loan process and significantly improving the consumer experience. This initiative is viewed as a pivotal development in modernizing mortgage lending, aligning with the industry’s shift towards more integrated and user-friendly digital solutions.
Xactus’ verification services integrated with Dark Matter’s LOS exemplifies a prevalent trend in the mortgage industry – leveraging technology to streamline lending processes. This enhances efficiency for lenders and improves the loan application experience for borrowers, ultimately boosting customer satisfaction. Collaborations like Xactus and Dark Matter drive innovation in response to changing consumer expectations and regulatory requirements, equipping lenders for the evolving lending landscape.
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