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Tag Archives: Altisource

Challenges in Servicing: Altisource CRO Speaks

John Vella, Chief Revenue Officer at Altisource Portfolio Solutions, sat down with MReport to discuss some of the hot topics in servicing as well as implications from storms in Texas and Florida. See what Vella had to say in this exclusive interview.

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Altisource Welcomes New VP, Head of Valuations

Altisource Portfolio Solutions, a service provider for the real estate and mortgage industries, announced Thursday the addition of a new VP to grow the company’s valuations business and an expansion of its sales team. Phil Huff joined Altisource as VP and Head of Valuations as well as President and CEO of Springhouse, a full-service appraisal management company owned by Altisource. Springhouse is an indirect subsidiary of Altisource Portfolio Solutions. “Phil brings a deep expertise in technology, sales, marketing and business development strategy and an extensive real estate industry network,” said Joseph A. Davila, President of Servicer Solutions at Altisource. “His proven expertise and seasoned network will be a big factor to the success of our Valuation Services business.”

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Lending a Helping Hand

Saturday, July 22, team members, partners, and industry supporters from Altisource including Fannie Mae and U.S. Bank, came together to build a home for a family in Dallas. However this is about more than just a home, it’s about planting roots and creating a future for generations to come.

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Altisource Completes $106.5 Million Property Purchase from Amherst

This is Amherst’s second transaction with Altisource Residential. Amherst and Altisource Residential have agreed to transact on up to an additional 2,750 single family rental properties in 2017. Under the terms of the agreement, Altisource Residential has purchased a 100 percent equity interest in the portfolio, and Amherst sponsored entities are providing seller financing equal to 75 percent of the sale price.

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Altisource Announces noteXchange

noteXchange is designed to replace the inefficient manual process of transactions using spreadsheets and email and centralize trading activity between buyers and sellers.

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