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Altisource Portfolio Solutions SA (ASPS.O)

ASPS.O on Nasdaq

25.03USD
21 Sep 2017
Change (% chg)

$-0.02 (-0.08%)
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Volume
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Latest Key Developments (Source: Significant Developments)

New Residential and Altisource announce cooperative brokerage agreement
Monday, 28 Aug 2017 06:45am EDT 

Aug 28 (Reuters) - Altisource Portfolio Solutions Sa :New Residential and Altisource announce cooperative brokerage agreement relating to approximately $116 billion UPB of mortgage servicing rights and letter of intent for other services.Co, Altisource entered into an 8-year cooperative brokerage agreement​.  Full Article

Altisource names Indroneel Chatterjee as CFO
Wednesday, 9 Aug 2017 08:57am EDT 

Aug 9 (Reuters) - Altisource Portfolio Solutions SA :Altisource announces organizational changes.Altisource Portfolio Solutions SA - ‍Indroneel Chatterjee will be joining Altisource as its Chief Financial Officer on or around October 1, 2017​.Altisource Portfolio Solutions SA - Chatterjee will join Altisource from Nomura Securities​.Altisource Portfolio - Upon commencement of Chatterjee's employment, Michelle Esterman, current CFO , will assume role of Executive Vice President, Financ​e.  Full Article

Altisource Portfolio Solutions Q2 earnings per share $0.48
Wednesday, 9 Aug 2017 07:00am EDT 

Aug 9 (Reuters) - Altisource Portfolio Solutions Sa :Altisource Portfolio Solutions SA announces second quarter financial results.Q2 adjusted earnings per share $0.88.Q2 earnings per share $0.48.Altisource qtrly ‍total service revenue $238.1 million versus $241.3 million​.  Full Article

Altisource says co is in communication with Ocwen and New Residential
Monday, 8 May 2017 08:25am EDT 

May 8 (Reuters) - Altisource Portfolio Solutions Sa :Altisource responds to potential transaction between ocwen and new residential.Altisource portfolio solutions sa - altisource is in communication with both ocwen and nrz.Altisource portfolio - expects any potential agreement between ocwen and nrz will be consistent with and respect co's service agreements with ocwen.Altisource portfolio - aware that ocwen and nrz have each stated that there are on-going negotiations for a deal.Altisource portfolio - view efforts by ocwen & nrz to reach deal that reduces "uncertainty and strengthens relationship between nrz and ocwen as a positive development".  Full Article

Altisource portfolio solutions Q1 earnings per share $0.34
Thursday, 27 Apr 2017 07:36am EDT 

April 27 (Reuters) - Altisource Portfolio Solutions Sa :Altisource announces first quarter financial results.Q1 earnings per share $0.34.Altisource portfolio solutions sa says q1 2017 service revenue was relatively flat compared to q1 2016.Qtrly total service revenue $229.8 million versus $234.3 million.  Full Article

Altisource posts Q4 adjusted earnings per share $0.55
Thursday, 16 Feb 2017 08:35am EST 

Altisource Portfolio Solutions Sa : Altisource announces fourth quarter and full year financial results and that the company is actively exploring refinancing its existing $480 million senior secured term loan . Q4 loss per share $1.08 . Q4 earnings per share view $0.97 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.55 . Altisource Portfolio Solutions - actively exploring refinancing existing $480 million senior secured term loan to, among other things, extend maturity date . Altisource Portfolio Solutions SA says "we are disappointed that we did not achieve our anticipated non-ocwen revenue growth in 2016" . Qtrly service revenue of $227.2 million, a 5 pct decrease compared to q3 2016, a 9 pct decrease compared to Q4 2015 .Altisource Portfolio Solutions SA- 2016 pretax income of $44.3 million, Q4 2016 pretax loss of $19.5 million impacted by litigation settlement loss of $28.0 million.  Full Article

Altisource Portfolio Solutions comments on agreement with Altisource Residential
Friday, 30 Sep 2016 03:08pm EDT 

Altisource Portfolio Solutions : As resi stated, resi was required to retain current property manager of portfolio as condition of obtaining seller financing . Altisource portfolio solutions comments on agreement with altisource residential corporation .Agreed to provide limited waiver of exclusive right to provide property management and other services to resi related to portfolio.  Full Article

Altisource Residential announces acquisition of about 4,250 single family rental homes
Friday, 30 Sep 2016 02:57pm EDT 

Altisource Residential Corp : Altisource Residential Corporation announces acquisition of approximately 4,250 single family rental homes . Deal for $652.3 million . Says assets were acquired from investment funds sponsored by Amherst Holdings, LLC . Acquired portfolio of 4,262 single family rental properties for aggregate purchase price of $652.3 million in seller financed deal . Seller financing for transaction represented 75% of purchase price and was provided pursuant to a loan agreement . Altisource Residential Corp says acquisition of properties will keep co on track to achieve its stated goal of 10,000 rental homes by end of 2016 . Residential obtained waiver of exclusivity provisions in existing master services agreement with Altisource Portfolio Solutions S.A. to complete portfolio deal .The parties agreed to certain amendments to agreement, including a contingent liquidation fee of $60 million.  Full Article

Altisource Portfolio Solutions Q2 adjusted earnings per share $1.58
Thursday, 21 Jul 2016 08:16am EDT 

Altisource Portfolio Solutions Sa : Qtrly diluted earnings per share of $1.02 . Q2 revenue view $239.1 million -- Thomson Reuters I/B/E/S . Altisource announces second quarter results; strong progress on strategic initiatives . Q2 adjusted earnings per share $1.58 . Q2 earnings per share $1.02 . Q2 earnings per share view $1.68 -- Thomson Reuters I/B/E/S .Qtrly total revenue $255.8 million versus $268.3 million.  Full Article

BRIEF-New Residential and Altisource announce cooperative brokerage agreement

* New Residential and Altisource announce cooperative brokerage agreement relating to approximately $116 billion UPB of mortgage servicing rights and letter of intent for other services