Voxtur Analytics Corp (OTCMKTS:VXTRF) Stock In Focus After Strategic Partnership
The North American tech company Voxtur Analytics Corp (OTCMKTS:VXTRF) is best known for its work on the development of a more accessible and transparent real estate lending ecosystem.
Trading Data
On Tuesday, VXTRF stock rose 17.81% to $0.1429 with more than 98.16K shares, compared to its average volume of 309.23K shares. The stock moved within a range of $0.1275 – 0.1429 after opening trade at $0.1275.
Voxtur Announces Exclusive Strategic Partnership with Top 3 Mortgage Originator and Aggregator
Yesterday the company announced an exclusive strategic partnership with one of the biggest VA and FHA lenders in the United States for the purpose of implementing the company’s new correspondent as a service (CaaS) platform from the company’s product Blue Water, a mortgage asset trading platform. CaaS is a platform that is based on specific rules and facilitates the pricing, transfer, commitment and transactions of entire loans and mortgages at a single click.
Voxtur Announces Exclusive Strategic Partnership with Top 3 Mortgage Originator and AggregatorThe system is also equipped with the patent pending loan level pricing engine from Blue Water, in addition to an order management and allocation system. The platform can also route mortgage assets smoothly to a number of investors based on pricing, eligibility and documentation requirements. The agreement is exclusive and would go on for many years. During the course of the agreement Voxtur would provide the sole operating platform for pricing, transacting and trading in mortgage assets. It could well prove to be a major new strategic partnership for Blue Water and Voxtur.
