CreditXpert Inc. Releases Upgrade to its CreditXpert Software – NMP
Tech

CreditXpert Inc. Releases Upgrade to its CreditXpert Software

Oct 17, 2019
CreditXpert Inc. has released its CreditXpert 10.2 software update

CreditXpert Inc. has released its CreditXpert 10.2 software update. The release includes improvements to CreditXpert What-If Simulator, a tool that gives loan originators the ability to forecast clients’ credit scores after simulating the impact of complex actions or pending activities, allowing them to make more informed decisions and work with borrowers to secure a mortgage or better rate.
 
With the latest update, users of CreditXpert What-If Simulator will receive an automatic notification flagging when a credit score forecast is expected to be negatively impacted by the passage of time. The alert is generated using data already in the credit report that could affect the score in the near future, such as a recent mortgage or auto inquiry that may start counting after the 30-day mark.
 
“Knowing a score is likely to drop soon helps mortgage loan originators proactively mitigate issues so they can get the results they expect each time,” said Dave Chung, co-founder and managing director of CreditXpert. “Our CreditXpert What-If Simulator ‘power users’ currently check this manually. The new automatic notification feature eliminates this step and reduces surprises for all users, saving them time and rescore fees.”
 
The CreditXpert 10.2 software update also provides new functionality that changes the way CreditXpert What-If Simulator users can simulate various outcomes when attempting to remove an authorized user from an account.
 
“We developed these updates based on our customers’ feedback as they work to create highly reliable plans for borrowers,” said Rosa Mumm, product support manager of CreditXpert. “The new features strengthen the ability of resellers and mortgage loan originators to provide better service to their clients. At the end of the day, that’s what it’s all about.”
 
About the author
NationalMortgageProfessional.com
Link copied
Published
Oct 17, 2019
Get the NMP Daily
C-Suite Strategies
NEXA Acquires UMortgage, Offering Blueprint For Broker Consolidation

UMortgage will retain its brand and sales culture while moving onto NEXA’s larger operating platform, a model NEXA is openly pitching to other broker owners

NEXA Lending's acquisition of UMortgage, is more than a combination of two prominent broker-channel companies. It also presents a model for other independent brokerage owners weighing the benefits of scale against the cost and complexity of operating alone.Under the deal ann...

Continue reading
Analysis and Data
New-Home Mortgage Demand Slips Despite Widespread Builder Incentives

Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume

Mortgage applications for newly built homes lost ground in July, another indication that builder incentives are struggling to overcome buyers’ sensitivity to elevated mortgage rates.Applications for new-home purchases declined 5.7% from July 2025 and 1% from June, according ...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Tech
New American Funding Extends AI Push To Borrower Calls

The lender is adding customer-facing agents across originations and its $73 billion servicing portfolio, but has not disclosed which transactions will be automated or when deployment begins

Tech
Aug 20, 2026
The Hidden Risk Inside Mortgage Tech Consolidation And How Lenders Can Stay In Control

platforms consolidate and vendors gain leverage, the lenders who stay disciplined about data, adoption, and exit terms will be the ones who keep control of their own tech stack

Tech
Aug 19, 2026
The Race To Reinvent Mortgage Origination

Automation promises to strip away administrative work while raising expectations for production, conversion, and human advice

Tech
Aug 19, 2026
Clear Capital Clears GSE Test For New Property Data Standard

The verification gives lenders another option for inspection-based appraisal alternatives, but it covers only one piece of a much broader collateral-readiness challenge

Tech
Aug 19, 2026
Checkr Buys Truv To Move Mortgage Verification Beyond Documents

The acquisition adds consumer-permissioned payroll and banking data to Checkr’s mortgage platform while lenders confront increasingly convincing fabricated financial records

Tech
Aug 19, 2026
Brokers Build Their AI Toolbox At Originator Connect 2026

Instead of waiting for tech giants to dictate the market, originators are realizing the technology's immediate impact

Tech
Aug 15, 2026