PHILADELPHIA, PA — Xactus has acquired Mortgage Credit Link (MCL), adding a credit and verification ordering platform to its mortgage technology business as lenders face increasing demands for data access, verification flexibility, and compliance throughout the loan process.
The transaction, backed by Xactus owner Lovell Minnick Partners, will place MCL’s technology platform under a newly created subsidiary called XedaLink, which will continue operating independently while leveraging Xactus’ broader infrastructure and resources.
The deal reflects continued consolidation within the mortgage technology sector, where lenders are seeking integrated platforms capable of managing credit, income, employment, and other verification requirements amid evolving regulatory and underwriting standards.
MCL operates a web-based order fulfillment platform that allows lenders to access credit and verification data from mortgage application through loan closing. Xactus said the acquisition expands its ability to support multiple approaches to consumer data verification while preserving lender choice.
Jason Barg, a partner at Lovell Minnick, said the acquisition strengthens Xactus’ position as a technology-focused provider serving mortgage lenders navigating an increasingly complex operating environment.
“This acquisition further strengthens the company’s position as a scaled, technology-enabled partner helping lenders navigate increasing complexity,” Barg said.
XedaLink will continue serving existing customers and partners under its current operating structure, according to the companies.
“As the market continues to evolve, so must the way we support it,” Xactus Founder and Chief Executive Officer Perry Steiner said. “With XedaLink, we are building on that foundation to deliver greater access and impact across the ecosystem.”
The acquisition is part of Xactus’ broader effort to expand its portfolio of mortgage technology and verification services across the loan lifecycle.
Financial terms of the transaction were not disclosed.
Xactus was advised by J.P. Morgan, Kirkland & Ellis, and McDonald Hopkins.
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