Xactus has closed the acquisition of Mortgage Credit Link (MCL) from MeridianLink, the company announced Wednesday. Terms of the deal, which is likely to catch many market participants off guard, were not disclosed.
MCL operates a web-based order‑fulfillment hub for credit and verification data used by roughly 25 consumer reporting agencies (CRAs) — companies that compete directly with Xactus. Although Xactus runs on its own proprietary technology, many smaller CRAs and resellers don’t, relying instead on platforms like MCL.
Under the deal terms, MCL will be rebranded as XedaLink and operate as an independent subsidiary. It will remain a distinct platform details ⇒
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