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 PRESS RELEASE

Altisource Announces it has Entered Into a Transaction Support Agreeme...

Altisource Announces it has Entered Into a Transaction Support Agreement with Lenders Holding Approximately 99% of the Company's Term Loans to Effectuate Exchange, Amendment and Maturity Extension Transactions The Transactions Contemplated by the Agreement Would (a) Reduce the Company’s Current Outstanding Debt Obligations from an aggregate principal amount of $231 Million to, collectively, (i) an up to $110 Million Term Loan, (ii) an up to $50 Million Non-Interest Bearing Exit Fee and (iii) a $12.5 Million Super Senior Credit Facility, (b) Decrease the Company’s Annual Cash and PIK Interes...

 PRESS RELEASE

Altisource Announces Third Quarter 2024 Financial Results

Altisource Announces Third Quarter 2024 Financial Results LUXEMBOURG, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the third quarter 2024. “We had another solid quarter, demonstrating our resilience in a challenging market. We grew Service revenue both sequentially and year-over-year despite a 15% decline in serious delinquency rates, a 7% decline in foreclosure initiations and a 14% decline in fore...

 PRESS RELEASE

Altisource Portfolio Solutions S.A. Schedules Third Quarter 2024 Confe...

Altisource Portfolio Solutions S.A. Schedules Third Quarter 2024 Conference Call LUXEMBOURG, Oct. 22, 2024 (GLOBE NEWSWIRE) -- On Thursday, October 24, 2024, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the third quarter 2024. A press release and presentation will be available on Altisource’s website in the Investor Relations section. Altisource will also host a conference call at 8:30 a.m. EDT on the same day to discuss its third quarter 2024 results. A link to the live audio webcast will be available on Altisource’s website in the Investor ...

 PRESS RELEASE

Altisource Announces Second Quarter 2024 Financial Results

Altisource Announces Second Quarter 2024 Financial Results LUXEMBOURG, July 25, 2024 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the second quarter 2024. “We had a strong second quarter and believe we are on track to achieve our 2024 guidance of 13% to 32% service revenue growth over 2023 and Adjusted EBITDA(1) of between $17.5 million and $22.5 million in 2024, a $21 million improvement in Adjusted EBITDA(1) over...

 PRESS RELEASE

Altisource Portfolio Solutions S.A. Schedules Second Quarter 2024 Conf...

Altisource Portfolio Solutions S.A. Schedules Second Quarter 2024 Conference Call LUXEMBOURG, July 23, 2024 (GLOBE NEWSWIRE) -- On Thursday, July 25, 2024, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the second quarter 2024. A press release and presentation will be available on Altisource’s website in the Investor Relations section. Altisource will also host a conference call at 8:30 a.m. EDT on the same day to discuss its second quarter 2024 results. A link to the live audio webcast will be available on Altisource’s website in the Investor ...

 PRESS RELEASE

Lenders One Launches L1 Insurance for Homeowners and Automobile Insura...

Lenders One Launches L1 Insurance for Homeowners and Automobile Insurance Lenders One Members can help their borrowers obtain quotes from multiple insurance providers to secure homeowners and automobile insurance coverage EL PASO, Texas, May 22, 2024 (GLOBE NEWSWIRE) -- Lenders One® Cooperative (“L1” or “Lenders One”), a national alliance of independent mortgage bankers, banks and credit unions, managed by a subsidiary of Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), today announces the availability of Lenders One Insurance (“L1 Insurance”), a homeo...

 PRESS RELEASE

Altisource Announces First Quarter 2024 Financial Results

Altisource Announces First Quarter 2024 Financial Results LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the first quarter 2024. “I am very pleased with our first quarter performance. We generated $4.6 million of Adjusted EBITDA(1), marking our best quarterly performance since the third quarter of 2020, on $36.9 million of service revenue. We are winning meaningful new business and ramping ...

 PRESS RELEASE

Altisource Portfolio Solutions S.A. Schedules First Quarter 2024 Confe...

Altisource Portfolio Solutions S.A. Schedules First Quarter 2024 Conference Call LUXEMBOURG, April 18, 2024 (GLOBE NEWSWIRE) -- On Thursday, April 25, 2024, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the first quarter 2024. A press release and presentation will be available on Altisource’s website in the Investor Relations section. Altisource will also host a conference call at 8:30 a.m. EDT on the same day to discuss its first quarter 2024 results. A link to the live audio webcast will be available on Altisource’s website in the Investor R...

 PRESS RELEASE

Altisource Announces Fourth Quarter and Full Year 2023 Financial Resul...

Altisource Announces Fourth Quarter and Full Year 2023 Financial Results LUXEMBOURG, March 07, 2024 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the fourth quarter and full year 2023. “I am pleased with our performance in 2023 as we continue to strengthen our financial position and win new business which has not fully ramped. In the face of serious market headwinds for both Business Segments, Service revenue ...

 PRESS RELEASE

Lenders One Brings Together Its Members and Providers to Help Members ...

Lenders One Brings Together Its Members and Providers to Help Members Increase Profitability During Challenging Markets LOS ANGELES, March 04, 2024 (GLOBE NEWSWIRE) -- Lenders One® Cooperative (“L1” or “Lenders One”), a national alliance of independent mortgage bankers, banks and credit unions, managed by a subsidiary of Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), welcomes members and providers to the L1 Summit, its annual conference at L.A. LIVE in Los Angeles, CA. During the three-day event, members will celebrate the strength of Lenders One and a...

 PRESS RELEASE

Altisource Portfolio Solutions S.A. Schedules Fourth Quarter 2023 Conf...

Altisource Portfolio Solutions S.A. Schedules Fourth Quarter 2023 Conference Call LUXEMBOURG, Feb. 22, 2024 (GLOBE NEWSWIRE) -- On Thursday, March 7, 2024, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the fourth quarter and full year 2023. A press release and presentation will be available on Altisource’s website in the Investor Relations section. Altisource will also host a conference call at 8:30 a.m. EST on the same day to discuss its fourth quarter and full year 2023 results. A link to the live audio webcast will be available on Altisourc...

 PRESS RELEASE

Altisource Technology Businesses Shine in HousingWire's Tech100 Real E...

Altisource Technology Businesses Shine in HousingWire's Tech100 Real Estate Companies of 2024 Hubzu®, Equator®, and RentRange® Honored for Being Leaders in Real Estate Technology and Innovation LUXEMBOURG, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource®” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, proudly announces that three of its innovative technology businesses—Hubzu®, Equator®, and RentRange®—have been distinguished by HousingWire in their annual HW TECH100™ Real Estate list fo...

 PRESS RELEASE

Lenders One Welcomes 29 New Member Companies to the Cooperative

Lenders One Welcomes 29 New Member Companies to the Cooperative EL PASO, Texas, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Lenders One® Cooperative (“L1” or “Lenders One”), a national alliance of independent mortgage bankers, banks and credit unions managed by a subsidiary of Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), is pleased to welcome 29 new member companies that joined during the 2023 calendar year. The addition of these members amid the challenging mortgage origination environment is a testament to the power of the Cooperative’s mission of helpi...

 PRESS RELEASE

Hubzu Expands Collaboration with NCST (National Community Stabilizatio...

Hubzu Expands Collaboration with NCST (National Community Stabilization Trust) to Increase Access to Affordable Housing LUXEMBOURG, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that Hubzu, Altisource’s industry leading online auction marketplace, has expanded its collaboration with NCST (National Community Stabilization Trust), a national nonprofit housing organization, to bolster the supply of affordable, single-family h...

 PRESS RELEASE

Altisource Announces Third Quarter 2023 Financial Results

Altisource Announces Third Quarter 2023 Financial Results LUXEMBOURG, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the third quarter 2023. “I am pleased with our third quarter performance.  We generated $874 thousand of Adjusted EBITDA(2), a $4.4 million improvement over the second quarter of 2023 and a $7.3 million improvement over the same quarter in 2022.  For the first nine months of 2023, we impr...

 PRESS RELEASE

Altisource Portfolio Solutions S.A. Schedules Third Quarter 2023 Confe...

Altisource Portfolio Solutions S.A. Schedules Third Quarter 2023 Conference Call LUXEMBOURG, Oct. 24, 2023 (GLOBE NEWSWIRE) -- On Thursday, October 26, 2023, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the third quarter 2023. A press release and presentation will be available on Altisource’s website in the Investor Relations section. Altisource will also host a conference call at 8:30 a.m. EDT on the same day to discuss its third quarter 2023 results. A link to the live audio webcast will be available on Altisource’s website in the Investor ...

 PRESS RELEASE

Celink Selects Altisource to Deliver Comprehensive REO Asset Managemen...

Celink Selects Altisource to Deliver Comprehensive REO Asset Management Services for a Portion of its HECM/Reverse Mortgage REO Portfolio LUXEMBOURG, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that Celink™, a leading reverse mortgage subservicer, retained Altisource as its REO asset manager for a portion of its HECM/reverse mortgage portfolio. “We are thrilled to work with Celink on its reverse mortgage REO portfolio...

 PRESS RELEASE

Altisource Announces Intention to Repay $10 Million of Its Debt

Altisource Announces Intention to Repay $10 Million of Its Debt LUXEMBOURG, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, announces it provided notice to lenders under the Company's senior secured term loan (“SSTL”) that it intends to repay $10 million of the SSTL using proceeds from Altisource’s recently closed public offering of common stock. “We believe reducing the principal balance of the SSTL by $10 million should be accretive for ...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: September 9, 2023

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

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