Midas Letter talks with Voxtur President Jim Albertelli about the value Voxtur brings to the real estate financing lifecycle.
“Voxtur has captured and redefined the real estate transaction landscape…it really starts with validated data, having it in a very flexible database to extract the information efficiently, you can layer utilities on it and deliver software as a service to our clients.”
On the importance of validated data:
“What do we have we have is the most expansive databases in the real estate space, the information is validated in the real estate space and the sources of record for example connection points to municipalities connection points to mortgage servicing platforms, connection to large financial institutions, connection points to the bankruptcy courts, so depending on our technology, it’s all built on a singular end-to-end encrypted validated database that is the engine that then drives utilities based on what function and what user group are engaged in the process so we serve the mortgage value chain from the loan origination system to the mortgage servicing platform to the trading platform. We use these validated data elements to provide services directly into each of those constituencies.
“We are delivering efficient closing technology and data assets in a number of places throughout the value continuum the mortgage value continuum and that’s transformational”