Halcyon and Xactus Announce Strategic Partnership to Revolutionize Income Verification Process for Lenders

Halcyon, a cutting-edge fintech provider of tax transcript solutions with GSE reps/warrants for both income verification and qualification announced its verifications are now available to Xactus lender customers.

Shelley Leonard, President of Xactus, the leading verification innovator for the mortgage industry, expressed enthusiasm about the relationship stating, "Our partnership with Halcyon underscores our commitment to providing our clients with the most advanced and reliable technology solutions in the market. Halcyon's exceptional ability to deliver accurate, real-time income verification services aligns perfectly with our mission to advance the modern mortgage with our customers."

Kirk Donaldson, CEO of Halcyon, shared a similar sentiment, highlighting the benefits for lenders. "Our collaboration with Xactus represents a transformative step in reducing operational costs and improving service delivery in the lending industry. By integrating our tax transcript and income verification solutions, we are not only streamlining the lending process but also significantly reducing the margin for error and delays."

Halcyon's innovative service enables lenders to obtain additional income transcripts as needed, in near real-time, and without incurring additional costs. This efficiency is a departure from traditional methods that often resulted in overpopulated files and unnecessary expenses. The partnership promises to save lenders millions in hard dollar costs while providing a superior digital data solution.

Both companies are excited about the potential of this partnership to set new standards in the financial technology industry, ushering in faster, more accurate, and cost-effective solutions for income verification and qualification.