Voxtur Analytics Corp (OTCMKTS:VXTRF) Stock On Radar After Exclusive Platform Agreement
North America based technology firm Voxtur Analytics Corp (OTCMKTS:VXTRF) is involved in the creation of a more transparent ecosystem for real estate lending. The company was in focus yesterday after it announced that it had gone into an exclusive platform agreement with The Mortgage Collaborative.
Trading Data
On Thursday, VXTRF stock rose 1.83% to $0.1283 with more than 228.10K shares traded, compared to volume of 271.14K shares. The stock moved within a range of $0.1257 – 0.1300 after opening trading at $0.1277.
Voxtur Signs Exclusive Platform Agreement with The Mortgage Collaborative
The Mortgage Collaborative is the biggest independent cooperative network for the mortgage space in the United States, which not only includes community banks but also non-bank lenders. As per the provisions of the agreement, Voxtur Analytics would make its entire digital ecosystem available 250 members of The Mortgage Collaborative so as to provide support to the mortgage ecosystem.
In this regard, it ought to be noted that the Blue Water mortgage asset trading platform from Voxtur Analytics will be deployed for providing a software as a service solution for helping with the sales and purchase of loans, non-QM mortgages, mortgage servicing rights and second liens.
As the mortgage market continues to recover, such a collaboration would help in bringing about higher liquidity and revenues. The Blue Water solution provides a completely digital trading solutions that crunches all sorts of mortgage related data in real time and hence, helps in real time remediation management.