Xactus Appoints Michael Crockett as Chief Data Officer | Company
PHILADELPHIA–(BUSINESS WIRE)–June 14, 2022–
Xactus, the leading verification innovator for the mortgage industry, today announced that Michael Crockett has been appointed to the newly created position of Chief Data Officer.
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Xactus appoints Michael Crockett (pictured) as chief data officer. (Photo: BusinessWire)
Crockett will develop and manage the data strategy for Xactus, including data-related functions such as data management, data science and the continued advancement of data innovation.
“Michael is a reliable and valued member of our team and is well qualified to lead in this critical area. This role was established to manage one of our most valuable strategic assets: our data. With Michael at the helm, I am confident that our efforts to continually expand and strengthen our data offering will help lenders close more loans faster and demonstrate our unparalleled commitment to their success,” said Perry Steiner, President and CEO of Xactus.
Shelley Leonard, President of Xactus, added, “Applying cutting-edge data engineering innovations and techniques will be integral to the strategic advancement of our data and analytics capabilities. Michael will help create data experiences that automate and accelerate key steps in the mortgage process. I’m excited to see how he and his team will influence our quest to build the modern mortgage.
As Chief Data Officer, Crockett is responsible for providing strategic direction around Xactus’ data strategy, developing new data analytics capabilities and products, and working closely with the technology team to expand the power of Xactus’ data and analytics offerings. With nearly 25 years of experience, Crockett brings an abundance of expertise and leadership to his position. Crockett was previously Executive Vice President of Data Solutions at Xactus and served as Executive Vice President of Product Development at Credit Plus prior to the company’s acquisition by Xactus in September 2021. Crockett joined Credit Plus in 2013 to create its QA/QC division. Previously, he held several senior executive positions at a national mortgage information company, including senior strategic executive and executive vice president of operations. He sits on the board of the Consumer Data Industry Association and oversees and manages all of Xactus’ mortgage industry collaborations/cooperatives, including The Mortgage Collaborative, Lenders One and Capital Markets Cooperative. He has also served on several advisory boards for mortgage industry associations and credit reporting agencies. Crockett holds a BS in accounting from Stephen F. Austin State University.
“I am excited to scale up and take broader ownership of our data and analytics initiatives across Xactus,” said Crockett. “I know data solutions are critical to the continued transformation of the industry and I am grateful to be in a position where I can have a meaningful and positive impact.”
Xactus is comprised of the merged family of companies which includes Credit Plus, Universal Credit Services, CIS Credit Solutions, Avantus and DataFacts Lending Solutions.
Xactus is the leading verification innovator for the mortgage industry. The company has more than 6,500 customers ranging from the largest bank and non-bank mortgage originators to credit unions and mortgage brokers. With 12 operations centers in the United States, Xactus works closely with its customers to digitally integrate a 360° approach to verifications into their workflows. As a result, lenders can easily access the technology needed to meet consumer demands for a modern mortgage experience with industry-leading speed, reliability and accuracy, while closing more loans faster with greater profitability. For more information, please visit https://xactus.com/.
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CONTACT: Amy Hansen
KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY CONSTRUCTION & REAL ESTATE FINANCE PROFESSIONAL SERVICES SOFTWARE DATA ANALYSIS OTHER CONSTRUCTION & REAL ESTATE DATA MANAGEMENT RESIDENTIAL BUILDING & REAL ESTATE
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PUB: 06/14/2022 10:10 a.m. / DISC: 06/14/2022 10:12 a.m.
Copyright BusinessWire 2022.