Xactus, a fintech specializing in mortgage verification solutions, on Tuesday launched the Xactus Mortgage Intent Index, which is described as the industry’s first measurement of borrower mortgage intent.

The index, which is updated daily and presented as a non-seasonally adjusted weekly index, tracks early borrower behavior across the preapplication, application and preclosing stages. Xactus‘ index is built from millions of credit pull transactions across its network, and aims to provide lenders, investors and economists with an early view of mortgage demand — often weeks before traditional indicators reflect it.

“Xactus Mortgage Intent Index represents a significant step toward real-time decisioning details ⇒

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