BROOMALL, PA — Xactus, a provider of verification solutions for the mortgage industry, has appointed Thomas Gallucci as Executive Vice President of Strategic Sales. Gallucci, who brings nearly two decades of experience in financial services and mortgage industry sales, is set to play a pivotal role in expanding the company’s market reach and enhancing its suite of solutions.
Greg Holmes, Chief Revenue Officer at Xactus, highlighted Gallucci’s extensive background and network within the mortgage association sphere as key assets that will enrich the company’s sales strategies. “Tom’s deep understanding of the mortgage lending process, gained from his time working with both lenders and vendors, equips him with the insights necessary to innovate our sales approach,” Holmes said. He further noted Gallucci’s respected standing in the industry and his track record of building strong relationships as promising indicators of his potential impact on the company.
Before joining Xactus, Gallucci served as Senior Vice President of Business Development at The Mortgage Collaborative (TMC), where he led a team responsible for nurturing partnerships with over 70 preferred partners, significantly multiplying partnership revenue during his tenure. His experience also spans various roles in business development, operations, and training with several lenders, underscoring his comprehensive expertise in the field.
Gallucci’s appointment comes at a time when Xactus is keen on transitioning to a more fintech-focused organization, aiming to modernize mortgage lending through innovative verification solutions. His mandate includes leveraging the company’s subject matter experts to offer a consultative and collaborative approach that enhances lender operations, drives new business through significant partnership opportunities, and strengthens key account relationships for better retention.
Expressing his enthusiasm for the new role, Gallucci said, “I have been impressed with Xactus’ forward-thinking approach and am excited to join this impressive team of sales leaders and subject matter experts.” He emphasized his focus on driving greater marketplace adoption of Xactus’ solutions, leveraging customer feedback, and industry insights to refine the company’s product and service offerings.
The implications of Gallucci’s strategic sales leadership extend beyond mere business growth for Xactus. As the mortgage industry continues to evolve with technological advancements, the need for innovative solutions that streamline the lending process and enhance operational efficiency becomes increasingly critical. Gallucci’s efforts to expand Xactus’ non-credit product offerings and foster partnerships could significantly contribute to the modernization of mortgage lending, potentially setting new standards for the industry.
For industry watchers, Gallucci’s move to Xactus signifies an important development in the fintech space, particularly in the realm of mortgage lending solutions. His experience and strategic vision are poised to help Xactus navigate the challenges and opportunities ahead, as the company seeks to redefine the modern mortgage landscape through its cutting-edge verification technologies and services.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.