Voxtur Analytics (CVE:VXTR, OTCMKTS:VXTRF) CEO Jim Albertelli Interview on Fannie Mae AOL Approvals
Voxtur Analytics Corp (CVE:VXTR, OTCMKTS:VXTRF) announced it offers a fully compliant alternative to title insurance through its Attorney Opinion Letter (AOL) program. This major announcement resulted from guideline changes and approval from Fannie Mae in what will be a notable paradigm shift in support of more affordable homeownership.
A Voxtur AOL provides an attorney’s opinion of title backed by transactional liability insurance that follows the loan into the secondary market and is issued by AM Best A Rated carriers. Provided in partnership with established real estate law firms in the industry, the product allows lenders to offer a low-risk alternative to title insurance that supports Fannie Mae’s housing goals.
Voxtur’s AOL initiative marks the first time attorney opinion letters have been produced with consistency and scale. This combination presents a unique opportunity for impactful change to benefit consumers across the United States.