Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert, a software company that provides flood zone determinations for insurance, lending and real estate.
With the acquisition, Xactus will offer flood zone determinations to its clients by using its proprietary flood data and technology products, the firm said Wednesday. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed.
“The acquisition of MassiveCert supports our objective of advancing the modern mortgage by allowing us to more comprehensively address our clients’ flood risk assessment needs,” said Shelley details ⇒
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