Voxtur Analytics Corp (OTCMKTS:VXTRF) Stock Continues To Trend Lower

A company that may well be worth tracking this morning owing to the developments of yesterday is Voxtur Analytics Corp (OTCMKTS:VXTRF). The technology company is involved in the creation of a more transparent lending ecosystem in the real estate space.

Trading Data

On Thursday, VXTRF stock fell 2.22% to $0.1189 with more than 265.85K shares, compared to volume of 285.42K shares. The stock moved within a range of $0.1189 – 0.1267 after opening trade at $0.1255.

Voxtur Analytics Announces Insurance for its Due Diligence Solution

The company announced yesterday that its mortgage asset due diligence solutions had certified and then insured by some underwriters at Lloyds of London. The customised policy provides coverage for losses in case of material errors which can result in the breach of warranty and representation of mortgage assets. The policy not only covers individual mortgages but also mortgage servicing rights which may be transacted.

The insurance policy in question is provided to the capital markets division at Voxtur Analytics, its fully owned subsidiary unit Blue Water Financial Technologies LLP. The insurance of the company’s product by a third party was a significant new development in a number of ways  and clients who would be looking to buy mortgages would be able to do so with much more confidence. It would provide a level of reliability and credibility in a market that is highly averse to risks. Investors could do well to keep an eye on Voxtur Analytics stock.