United States

Altisource Portfolio Solutions SA (ASPS.O)

ASPS.O on Nasdaq

13 Jan 2017
Change (% chg)

$0.43 (+1.63%)
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Latest Key Developments (Source: Significant Developments)

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

Altisource Portfolio Solutions SA announces acquisition of CastleLine Holdings, LLC
Thursday, 23 Jul 2015 07:22am EDT 

Altisource Portfolio Solutions SA:Says acquisition of CastleLine Holdings, LLC.  Full Article