PHILADELPHIA, PA — Xactus has acquired Mortgage Credit Link, a provider of mortgage credit and verification ordering technology, expanding the fintech company’s reach across the mortgage origination process as lenders seek more integrated data and verification solutions.
Mortgage Credit Link, which will be rebranded as XedaLink, will continue operating as an independent subsidiary, according to Xactus.
The acquisition strengthens Xactus’ position in the mortgage technology sector, where lenders are increasingly relying on automated platforms to manage borrower verification, credit reporting and compliance requirements throughout the loan lifecycle.
Mortgage Credit Link operates a web-based order fulfillment platform that allows lenders to access credit and verification data from mortgage application through closing.
Xactus said maintaining XedaLink as a separate subsidiary will preserve operational independence while providing access to the parent company’s resources, infrastructure and investment capabilities.
The transaction comes as mortgage lenders navigate changing borrower profiles, evolving regulatory requirements and growing demand for flexible data-verification workflows.
“As the market continues to evolve, so must the way we support it,” Perry Steiner, founder and chief executive officer of Xactus, said in a statement. “With XedaLink, we are building on that foundation to deliver greater access and impact across the ecosystem.”
Shelley Leonard, president of Xactus, said the independent subsidiary structure is intended to provide lenders with additional flexibility in how they access verification and credit-related services.
“Adding XedaLink as an independent subsidiary allows us to continue delivering greater flexibility, optionality and value for our clients,” Leonard said.
The acquisition aligns with Xactus’ broader strategy of expanding technology capabilities that support lenders throughout the mortgage process while maintaining multiple options for accessing data and verification services.
Xactus was advised on the transaction by Kirkland & Ellis and McDonald Hopkins. Financing was provided by JPMorgan.
Terms of the acquisition were not disclosed.
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