Lovell Minnick Portfolio Company Xactus Acquires Mortgage Credit Link
Lovell Minnick Partners (“Lovell Minnick”), a private equity firm focused on investments in financial services, business services, and related technology companies, today announced that its portfolio company, Xactus®, completed the acquisition of Mortgage Credit Link™ (MCL), a web-based order fulfillment hub that streamlines credit and verification data ordering from application to closing. This strategic addition will operate as XedaLink™, an independent subsidiary of Xactus. Since Lovell Minnick’s investment, Xactus has focused on expanding its technology capabilities while preserving flexibility and choice for lenders navigating an evolving verifications landscape.
As the mortgage and financial services industries continue to adapt to changing borrower profiles, regulatory dynamics, and data considerations, lenders are increasingly seeking solutions that provide both consistency and optionality in how they assess and verify consumer information.
By adding XedaLink to its portfolio, Xactus is strengthening its ability to support a broad range of client needs while maintaining a structure that enables independent operation and distinct market positioning.
