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58 SPECIAL ADVERTORIAL SECTION SHORT SALE TECHNOLOGY/OUTSOURCER PROFILE Short Sales Technology and Outsourcing Profiles SPECIAL ADVERTORIAL SECTION Altisource Portfolio Solutions, S.A. KEY PERSONNEL Min L. Alexander Senior Vice President, Real Estate Services Steve Udelson President, Online Real Estate Joseph A. Davila President, Mortgage Services GEOGRAPHICAL SCOPE AND COVERAGE AREA: Nationwide service through U.S. affiliates STAFFING: Number of Company Employees: 9,000+ BUSINESS LINES/SERVICES AND PRODUCTS: » Equator ® Default Servicing Platform » Field Services » Hubzu ® Online Auction Platform » Lenders One ® Cooperative » Mortgage Builder ® Loan Origination System » National Brokerage Services » Premium Title ™ and Settlement Services » Property Management Services » Real Estate Management Services » Renovation Services » Short Sale Program Management » Springhouse ® Appraisal and Valuation CORPORATE DETAILS: 1.877.806.7586 | altisource.com COMPANY DESCRIPTION: Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is a premier marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. Altisource's proprietary business processes, vendor and electronic payment management software and behavioral science- based analytics improve outcomes for marketplace participants. Five of the top ten U.S. banks use Equator technology and/or Altisource ® short sale/ REO program management 1 . COMPANY HISTORY: Founded in 2009 as a dedicated asset manager of distressed portfolios, Altisource has established itself as an industry leader in the mortgage, financial and technology services sectors. Its businesses span the mortgage lifecycle from mortgage origination through REO disposition. Our 24/7 global operations include more than 9,000 employees. REGULATORY COMPLIANCE: Clients of the Altisource short sale program are better able to manage regulatory compliance due to: » Seamless integration with the industry-leading Equator ® default servicing platform technology offering controlled workflow processes, automated document storage and programmed timeline management rules » Processes and platforms providing transparent, clear communication channels and sales backed by internal compliance-led approval processes to help reduce risk KEY FEATURES/BENEFITS: » Engagement with borrowers early in the default process to determine eligibility for short sales and response within 24 hours of receipt of referral from the servicer » Amplified marketing efforts through the Hubzu ® online auction platform and its 200+ syndicated websites that can help increase sales proceeds » Facilitation of secure and efficient sharing of financial information between servicers and borrowers » Robust operational reporting for clients' workflow tasks, property info and reporting and compliance monitoring including customized timelines for clients' internal process WHAT SETS YOU APART FROM YOUR COMPETITORS? » » Scale»and»Experience: Altisource manages the disposition strategies for over 50,000 residential REO and short sale properties each year and has sold over 180,000 properties since 2009 2 . This scale and experience enables Altisource to drive increased buyer traffic through means not available to traditional short sale agents or specialists. » » Industry»Leading»Default»Servicing»Platform:» In 2015, Equator ® processed over 161,000 distressed real estate transactions (short sale and REO) representing approximately 32% of the short sales completed in the industry and 40% of all foreclosure sales completed in the industry 3 . » » Transparent»Processes»to»Help»Reduce» Risk:» The Altisource short sale program aims to increase fairness by publishing bids to deter fraud and collusion. The program also aims to reduce the financial and reputational risk for servicers through its transparent communication channels and standardized processes. » » Competitive»Sale»Pricing:»Altisource markets short sales simultaneously through the MLS, the Hubzu ® auction platform and 200+ syndicated partner websites to increase the prospective buyer pool and instill urgency for serious buyers to engage early. 1 Top 10 U.S. banks ranked by total assets 2 As of December 2015 3 Industry Data Source: HOPE NOW Data Report: December 2015 (http://www.hopenow.com/industry-data/HopeNow.FullReport.Updated.pdf)