Toronto, Florida and Tampa, April 7, 2022 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or “Company”), more transparent, announced today In response to changes in the Funny May Single Family Sales Guide (SEL-2022-03, April 6, 2022), the accessible real estate lending ecosystem is a fully title insurance-compliant alternative through a lawyer’s opinion. Announced that it will provide. (AOL) Program.
Jim Albertelli, CEO of Voxtur, said: “Fanny Mae has identified closure costs as a barrier to home ownership. Our Voxtur AOL program immediately reduces these costs directly and opens the door to home ownership for more Americans a bit.”
Voxtur AOL provides the attorney’s opinion on liability insurance-backed ownership issued by AM Best A Rated carriers, following a secondary market loan. Offering in partnership with an industry-established real estate law firm, this product allows lenders to provide a low-risk alternative to title insurance to support Fannie Mae’s housing goals.
Changes to these guidelines represent a notable paradigm shift in supporting more affordable home ownership. Voxtur’s AOL initiative is the first time a lawyer’s opinion has been produced consistently and on a scale. This combination offers a unique opportunity for influential change that benefits consumers across the United States.
“Ownership is one of the most effective ways to improve financial and social well-being,” said Stacy Mestayer, Voxtur’s Chief Legal Officer. “The combination of our Voxtur Verified technology and the attorney’s deliverables can save us a lot of consumer closing costs. For some, this could be a full mortgage payment, which Makes sense. “
Voxtur currently offers AOL in some states through strategic partnerships with lenders and service providers. We plan to make Voxtur AOL available nationwide in the coming months.
For more information, please visit our website. www.voxtur-AOL.com..
Voxtur is an innovative real estate technology company that is redefining industry standards in a dynamic lending environment. The company provides targeted data analysis to simplify tax solutions, asset valuation, and payment services throughout the lending lifecycle for investors, lenders, government agencies, and servicers. Voxtur’s unique data hub and workflow platform evaluates assets more accurately and efficiently, creates loans, provides services, securitizes portfolios, and evaluates tax assessments. We serve both public and private real estate lending and property tax sectors in the United States and Canada. For more information, please visit: www.voxtur.com..
Information about the future outlook
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Voxtur common stock is traded on the TSX Venture Exchange under the VXTR symbol and in the United States on the OTC QB under the VXTRF symbol.
Stacey Female Tire | Chief Legal Officer
CBJ News Maker
Voxtur, a Canadian Business Journal, Providing Attorneys’ Opinions on Fannie Mae Loans
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