Profile: Altisource Asset Management Corp (AAMC.A)
AAMC.A on American Stock Exchange
22 Sep 2017
22 Sep 2017
Change (% chg)
Altisource Asset Management Corporation provides asset management and corporate governance services to institutional investors. The Company's primary client is Altisource Residential Corporation (Residential). The Company operates through segment, which is focused on providing asset management and certain corporate governance services to Residential. Its business strategy is to provide asset management services to Residential to generate cash available for distribution to its shareholders and thereby growing its earnings, and develop additional investment strategies and vehicles. Residential is a public real estate investment trust (REIT) that acquires and manages single-family rental properties by acquiring sub-performing and non-performing mortgage loans throughout the United States. In addition to providing services to Residential, it also provides management services to NewSource Reinsurance Company Ltd., which is an insurance and reinsurance company.
Altisource Asset Management Corp
5100 Tamarind Reef