New ownership structure leaves SettlementOne operations unchanged while promising expanded platform support
RIVERSIDE, Calif. – June 3, 2026 – SettlementOne, a leader in credit reporting, data, and verification solutions for the mortgage industry for more than 25 years, today shared its perspective on the news that Xactus has completed the acquisition of Mortgage Credit Link (MCL)™ from MeridianLink®, rebranding the platform as XedaLink™.
SettlementOne operates on the MCL platform, now XedaLink, alongside other independently owned credit reporting agencies. The company views the acquisition as an opportunity for renewed investment in a technology platform central to its operations and those of its clients.
“SettlementOne views the Xactus acquisition of MCL as an overall positive development for our clients and the industry,” said Michael Lord, CEO of SettlementOne. “Xactus has specifically committed to operating XedaLink as a fully independent subsidiary, with no co-branding and no commingling of competitive data. For our clients, it’s business as usual, and we believe the increased investment in the platform will only strengthen the service and support they rely on.”
Xactus has stated that XedaLink will operate as an independent subsidiary, that all existing MCL employees will remain solely focused on the XedaLink business, and that there will be no disruption to current technology, team, or support services. Xactus360 will remain Xactus’s own core platform, operating separately from XedaLink.
SettlementOne clients with questions are encouraged to reach out directly to their SettlementOne representative or contact the company at accountservices@settlementone.com or 800.340.2009.
About SettlementOne
For over 25 years, SettlementOne has provided credit reporting, data, and verification solutions to financial institutions nationwide. The company’s comprehensive platform helps lenders minimize risk while improving the borrower experience. Learn more at SettlementOne.com