Altisource Portfolio Solutions S.A., an integrated service provider and marketplace for the real estate and mortgage industries, has announced the appointment of a new leader for a recently developed role, which was created to provide greater advancements to the digital real estate industry.
Marcello Mastioni joins Altisource’s executive team as President, Real Estate Marketplace in the company’s international headquarters located in Luxembourg, Luxembourg. As the number of consumers and investors using online tools to buy and sell homes continues to increase, Mastioni’s role takes on the responsibilities of driving growth by focusing on digital experience and strategy across the company’s platforms, including the real estate focused marketplaces of Owners.com and Hubzu.
"We've built an impressive portfolio of unique online real estate capabilities, and there continues to be an incredible market opportunity to bring greater transparency, ease and other improvements to the home buying and selling experience," said William B. Shepro, CEO of Altisource. "Marcello's digital expertise has enabled him to substantially grow online brands in their respective categories, and we are looking forward to him working to replicate this success at Altisource as he accelerates our growth across our online real estate businesses."
Mastioni’s strategic online marketing experience comes from his preceding roles as VP and Managing Direction of Europe, the Middle East, and Africa (EMEA) for HomeAway, one of the largest online marketplaces for vacation rental properties. As well as his positions earlier in his career as leader of growth efforts for the online travel company Expedia, head of retail and consumer goods at World Economic Forum, and leader of operations of technology business for General Electric.
"Online marketplaces have revolutionized many industries, and real estate is the next big opportunity," said Mastioni. "Altisource has invested in the technology and talent and has the industry expertise to be the leader in online real estate transactions for consumers and investors."