DS News

DS News December 2020

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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Page 39 of 100

38 Altisource CORPORATE DETAILS: 1000 Abernathy Road N.E., Suite 200, Atlanta, GA 30328 | 877.806.7586 | Altisource.com KEY PERSONNEL Travis Britsch | VP, Auctions Patrick McClain | VP, Enterprise Sales Mason Legendre | Director of Asset Management COMPANY DESCRIPTION: Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative products and scalable technology, Altisource helps solve the demands of the ever-changing markets we serve. Additional information is available at Altisource.com. COMPANY HISTORY: Altisource was founded in 2009, bringing together some of the most- experienced leaders in the financial and mortgage industries. With its knowledge, the company has developed technology solutions and service offerings that have innovated and disrupted the traditional way these industries functioned. Altisource has expanded and improved its offerings through several strategic acquisitions. BUSINESS LINES, PRODUCTS, AND SERVICES: Six of the top 10 mortgage servicers use Altisource solutions. Altisource's customized solutions can scale easily and offer support for REO and short- sale asset management, Claims Without Conveyance of Title (CWCOT) auction services, plus a bundled offering to help manage FHA assets. Altisource's core servicer solutions include: » CWCOT Second Chance Auction and Foreclosure Auction Services » Field Services and Renovation » Hubzu® Online Real Estate Marketing Platform » Premium Title™ and Settlement Services » REALHome™ Services and Solutions, Inc. Brokerage » REO and Short Sale Asset Management » Springhouse® Valuations » Equator® Default Servicing Platform KEY FEATURES & BENEFITS: » Ability to deliver a proven suite of products and services that can scale to meet the unique needs of each client. » Comprehensive set of products and services that can be delivered as components or as a fully integrated suite. » Financial strength of a well-capitalized, publicly traded company that continues to invest in products, people, and technology. » Disciplined and tested compliance and vendor management infrastructure built to meet the demands of a highly regulated mortgage market. » Longstanding history of best-in-class performance, customer service, and client satisfaction. » Continued investment in innovative solutions and products that help their clients meet the demands of an evolving mortgage market. COMPETITIVE ADVANTAGE: Over the past decade, Altisource® asset management solutions has provided leading financial institutions a full suite of tech-enabled, end-to-end lifecycle management of default-related products and services to the mortgage servicing community, helping mitigate losses, enhance controls, and drive efficiencies. Servicers can access a full range of scalable, customizable solutions. KEYS TO SUCCESS: The Altisource suite of mortgage and real estate solutions is powered by scale, the synergies of their technology platforms, and deep industry experience, creating actionable insights with an unmatched commitment to results, compliance, quality, and customer service. Altisource integrated and customizable solutions are designed to solve the business and operational challenges that are faced by the real estate and mortgage industry every day. INDUSTRY AWARDS, ACCOLADES, AND MILESTONES: » 2020 HousingWire Tech100—Hubzu » 2019 Altisource celebrates 10 years of providing asset management services » 2018 HousingWire Tech100—Equator » Ranked No. 47 by Sides in 2019 Real Trends 500—RHSS Industry Spotlight Best in Asset Management Tools

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