Xactus, a provider of verification solutions to the mortgage industry, has acquired MassiveCert, offering residential national flood data and technology.
Terms of the deal were not disclosed. MassiveCert will now operate under the name Xactus Flood Solutions.
“We are excited to acquire MassiveCert and introduce additional innovative flood data solutions to our mortgage clients, and also establish our presence in the insurance industry” says Perry Steiner, chairman and CEO of Xactus, in a release.
