James Owens has joined verification company Xactus as Chief Technology Officer, the company announced in a press release.
“The opportunity to transform an industry is a rare chance in a career. Verification solutions and the associated workflow in mortgage originations has not been challenged for many years, and Xactus is making substantial technology investments to innovate, increase efficiency, and enhance transparency,” Owens said.
“I look forward to joining Xactus, and playing a role in leading our industry’s technology migration to the modern mortgage experience.”
As CTO, Owens will set and oversee Xactus’ tech strategy, including technical aspects of product development and implementation, as well as IT and data security.
He brings 30 years of executive-level experience in financial services and software to the company. Before Xactus he worked as Chief Architect/Head of Technology Strategy and previously Chief Technology Officer at OneMain Financial. Prior to that, he served in several senior executive consulting, sales, and product roles at Black Knight. He is a Certified Mortgage Technologist (CMT) from the Mortgage Bankers Association.
“James is a passionate technologist with a visionary mindset and strong track record of building high-performance teams and developing innovative technologies. He will help propel our company into the next phase of growth and enable Xactus to usher in an era of ground-breaking transformation for the mortgage industry,” said Perry Steiner, Chairman and CEO of Xactus.
“Our mission is to advance the modern mortgage and James is critical to accomplishing that.”
“I had the pleasure of working with James earlier in my career. He’s a dynamic leader who brings a wealth of technology expertise to our company,” said Shelley Leonard, President of Xactus. “Hiring a CTO of his caliber demonstrates our commitment to bring about the transformative innovation the mortgage space needs to help lenders close more loans more quickly.”
Xactus is comprised of the merged family of companies that includes Credit Plus, Universal Credit Services, CIS Credit Solutions, Avantus, DataFacts Lending Solutions, and SharperLending. It has twelve operation centers in the U.S. and over 6,500 clients ranging from bank and non-bank mortgage originators to credit unions and mortgage brokers.