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Voxtur (TSXV:VXTR) announces partnership with top mortgage servicing aggregator

Real Estate, Technology
TSXV:VXTR
22 December 2022 13:00 (EDT)

Source: Voxtur Analytics.

Voxtur Analytics Corp. (VXTR) has announced a partnership with a top mortgage servicing aggregator.

Voxtur, through its wholly-owned capital markets division, Blue Water Financial Technologies, entered into a partnership with the aggregator representing multiple originators.

The arrangement will see Blue Water provide tools to facilitate mortgage asset pricing, commitment, transfer, underwriting, and due diligence, as well as rep and warrant protection to enhance the trading experience and performance.

In addition, Blue Water will provide its flagship products, including Blue Rate, a seasoned mortgage asset trading engine incorporating patent pending loan level pricing technology; MSR-X, a pricing engine that provides a seamless liquidity experience for mortgage originators, and Super Transfer, a tool that digitizes and optimizes due diligence and asset transfer.

Blue Water’s technology aims to provide a more streamlined, enhanced experience for buyers and sellers of mortgage servicing rights (MSRs).

The aggregator will benefit from Blue Water’s streamlined approach to transacting MSRs between originators and downstream investors.

“Through this partnership, we will deliver an extensive transaction experience for a major servicing aggregator and its customers for pricing, committing, transferring and due diligence of mortgage assets,” stated Alan Qureshi, President of Blue Water.

“This will create and secure steady revenue streams for all parties within the ecosystem and create an entry point for investors to participate in these unique market conditions,” he added.

Blue Water Financial Technologies is a leading provider of asset valuation, MSR distribution, MSR hedging, and digital solutions to MSR investors and mortgage lenders.

Voxtur is a real estate technology company that offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout the lending lifecycle for investors, lenders, and government agencies.

Voxtur Analytics Corp. was unchanged at $0.25 at 12:20 PM ET.


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