Voxtur Analytics Corp. rolled out Voxtur AOL (attorney opinion letter) with multiple lenders, a top tier bank and several mid-sized national lenders. The Voxtur AOL is an alternative to title insurance that provides full coverage for both the lender and consumer at a reduced cost.
“We are thrilled to see more lenders offering the Voxtur AOL as an option to consumers as home prices and rates continue to rise, creating a cost prohibitive housing environment,” Voxtur CEO Jim Albertelli said in a release. “Working with large and mid-sized lenders on a national scale allows us to provide immediate savings to more consumers, making homeownership more accessible.”
Voxtur AOL pairs scalable data analysis with the reliability of a legal opinion and facilitates life-of-loan tracking. The fully compliant title opinion is backed by transactional liability insurance that covers the full value of the loan for the life of the loan.
Voxtur AOL is available nationwide through Voxtur’s direct to lender offering as well as through strategic partnerships with third-party title service providers.