This week, Freddie Mac released the results of its Quarterly Refinance Analysis for the first quarter of this year, revealing that borrowers lowered their monthly mortgage payment and shortened their long-term payment by taking advantage unexpectedly low mortgage rates. Refinance activity accounted for 63 percent of all single-family originations.

Altisource announced it is launching its Residential Investor One Cooperative, which will help investors gain access to vendors and services in order to build profitable home investment portfolios. The cooperative was created to provide its members with savings and efficiencies when navigating individual residential real estate or larger home portfolios.