Xactus Promotes Industry Veteran To Chief Data Officer – NMP Skip to main content

Xactus Promotes Industry Veteran To Chief Data Officer

Keith Griffin
Jun 17, 2022

Michael Crockett Had Served As EVP Of Data Solutions

Xactus, a verification vendor for the mortgage industry, announced that Michael Crockett has been promoted to the newly created role of chief data officer.

Michael Crockett Xactus

Crockett will develop and manage the data strategy for Xactus, including data-related functions such as data management, data science and the continual advancement of data innovation.

“Michael is a trusted and valuable member of our team and is well qualified to lead in this critical area. This role has been established to manage one of our most valuable strategic assets – our data. With Michael at the helm, I am confident our efforts to continually expand and strengthen our data offering will help lenders close more loans more quickly and demonstrate our unrivaled commitment to their success,” Perry Steiner, chairman & CEO of Xactus, said.

As chief data officer, Crockett is responsible for providing strategic direction around Xactus’ data strategy, developing new data analytics capabilities and products and working closely with the technology team to extend the power of Xactus’ data and analytics offerings. 

With almost 25 years of experience, Crockett brings an abundance of expertise and leadership to his position. Crockett was formerly executive vice president of data solutions at Xactus and served as EVP of product development at Credit Plus prior to Xactus’ acquisition of the company in September 2021. 

Crockett joined Credit Plus in 2013 to create its QA/QC division. Prior to that he held several senior executive roles at a national mortgage information company including senior strategic executive and EVP of Operations. 

He is on the Consumer Data Industry Association Board and oversees and manages all of Xactus’ mortgage industry collaborations/co-ops including The Mortgage Collaborative, Lenders One, and Capital Markets Cooperative. He also formerly served on several advisory boards for mortgage industry associations and the credit bureaus. Crockett has a B.S. in Accounting from Stephen F. Austin State University.

“I’m thrilled to be stepping up and taking broader ownership of our data and analytics initiatives across Xactus,” Crockett said. “I know that data solutions are key to the industry’s ongoing transformation and I’m grateful to be in a role where I can have a significant and positive impact.”

Xactus is comprised of the merged family of companies that includes Credit Plus, Universal Credit Services, CIS Credit Solutions, Avantus and DataFacts Lending Solutions.

Jun 17, 2022
More from
Waterstone Mortgage Opens New Branch In Illinois

Patrick and Jason Durkin will lead the newest East Region branch.

Jun 24, 2022
Agents National Title Insurance Names New Regional Manager

Candi Slobodnik selected to be central states regional manager.

Jun 22, 2022
New President of 7 Mortgage Announced

Travis Morrow has over 10 years of mortgage experience.

Jun 21, 2022
Angel Oak Mortgage Adds 7 New Employees

Focus for Non-QM lender is on account executives.

Jun 20, 2022
Go Back To Basics For Better Networking

Like other skills, practice and repetition makes perfect

Jun 16, 2022
Waterstone Mortgage Hires Branch Manager For New R.I. Location

Matt Fenster will lead greater Newport/Middletown office.

Jun 14, 2022