Xactus Names Mike Brown as Chief Product Officer to Drive Innovation in Mortgage Fintech

PHILADELPHIA--(BUSINESS WIRE)--Xactus, a fintech company and the market leader in verification solutions for the mortgage industry, is pleased to announce the appointment of Mike Brown as Chief Product Officer. Brown previously served as the firm’s Chief Integration Officer.

“As we continue our transformation into a fintech-forward organization, the role of Chief Product Officer is critical to shaping our product strategy and driving impactful innovation to proactively deliver easy-to-configure, automated solutions that streamline workflows, reduce waste and facilitate intelligent decisioning,” said Shelley Leonard, President of Xactus. “Mike’s extensive expertise and proven leadership make him the ideal choice to lead this effort, ensuring we deliver the right products at the right time to meet our clients’ evolving needs.”

With nearly 25 years of experience in the financial services industry, Brown has focused much of his career on verification solutions and related mortgage and financial products. Prior to joining Xactus, he served as Chief Executive Officer of CIS, which was acquired by Xactus. He is an active board member of the industry trade association National Credit Reporting Association (NCRA) and has previously served as its vice president, treasurer, and president. A graduate of Robert Gordon’s University in Scotland, Brown brings a global perspective to his work.

In his role as Chief Product Officer, Brown will spearhead the development and execution of Xactus’ product vision. His responsibilities include overseeing the entire product lifecycle, from ideation and development to launch and implementation. Additionally, he will focus on identifying and analyzing emerging industry trends to ensure optimal product-market alignment, further solidifying Xactus’ position as a leader in the verification and fintech spaces.

“I am thrilled to take on this role at a time of growth and innovation for Xactus,” said Brown. “Together with our talented team, I look forward to advancing the modern mortgage process and delivering innovative solutions that drive success for our clients.”

This strategic appointment underscores Xactus’ commitment to innovation and its mission to transform the mortgage industry through cutting-edge technology and verification solutions.

About Xactus

Xactus is a leading fintech company specializing in verification solutions for the mortgage industry. By leveraging advanced technology and industry expertise, Xactus provides innovative solutions that streamline the mortgage process and empower lenders to make informed decisions with speed and confidence.

For more information, visit xactus.com or follow Xactus on LinkedIn: https://www.linkedin.com/company/xactus-llc/.