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Lenders One Brings Together Its Members and Providers to Help Members Increase Profitability During Challenging Markets
Newsfilter· 2024-03-04 16:00
Core Insights - Lenders One Cooperative (L1) is hosting its annual summit in Los Angeles, focusing on strengthening its member network and enhancing service offerings [1][4] - Since March 2023, L1 has added 39 new members and improved its direct solutions to support its mission of maximizing revenue and reducing costs for its members [2][5] Company Developments - Lenders One has introduced various direct solutions including credit reporting, flood zone determinations, and homeowners insurance to enhance member services [2] - The launch of L1 Credit, a full credit reporting agency, provides members with essential credit-related products necessary for loan manufacturing [2] - L1 Flood offers flood zone determinations accepted by major mortgage investors, ensuring compliance with the National Flood Insurance Program [2] - L1 Insurance, in collaboration with CastleLine and Policygenius, provides competitive homeowners insurance quotes, streamlining the loan closing process [2] Capital Market and National Program Solutions - Lenders One has expanded its Capital Markets and National Programs offerings, adding three new Preferred Providers: FICO, OptiFunder, and Truv [3] - FICO provides a standard measure of consumer credit risk used by 90% of top US lenders, enhancing risk management [3] - OptiFunder offers a Warehouse Management System that optimizes warehouse allocation and reduces finance expenses for originators [3] - Truv automates verification of income and employment, now approved as a Freddie Mac AIM provider, improving efficiency in mortgage lending [3] Industry Context - Lenders One members collectively originated approximately $485 billion in mortgages during 2022, making it the largest retail mortgage entity in the U.S. [5] - The cooperative aims to help its members navigate the challenging mortgage origination environment by providing innovative solutions and support [2][4]
Altisource Portfolio Solutions S.A. Schedules Fourth Quarter 2023 Conference Call
Newsfilter· 2024-02-22 17:52
Core Viewpoint - Altisource Portfolio Solutions S.A. is set to report its earnings for the fourth quarter and full year of 2023 on March 7, 2024, indicating a significant upcoming event for stakeholders [1]. Group 1: Earnings Report - The earnings report will include results for both the fourth quarter and the full year of 2023 [1]. - A press release and presentation will be accessible on Altisource's website in the Investor Relations section [1]. - A conference call is scheduled for 8:30 a.m. EST on the same day to discuss the results, with a live audio webcast available [1]. Group 2: Company Overview - Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries [2]. - The company combines operational excellence with innovative services and technologies to address the demands of changing markets [2]. - Additional information about the company can be found on its website [2].
Altisource Portfolio Solutions S.A. Schedules Fourth Quarter 2023 Conference Call
Globenewswire· 2024-02-22 17:52
LUXEMBOURG, Feb. 22, 2024 (GLOBE NEWSWIRE) -- On Thursday, March 7, 2024, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the fourth quarter and full year 2023. A press release and presentation will be available on Altisource’s website in the Investor Relations section. Altisource will also host a conference call at 8:30 a.m. EST on the same day to discuss its fourth quarter and full year 2023 results. A link to the live audio webcast will be available on Altisourc ...
Altisource Technology Businesses Shine in HousingWire's Tech100 Real Estate Companies of 2024
Newsfilter· 2024-02-15 14:15
LUXEMBOURG, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. ("Altisource®" or the "Company") (NASDAQ:ASPS), a leading provider and marketplace for the real estate and mortgage industries, proudly announces that three of its innovative technology businesses—Hubzu®, Equator®, and RentRange®—have been distinguished by HousingWire in their annual HW TECH100™ Real Estate list for 2024. This prestigious award recognizes the 100 most innovative technology companies serving the real estate sec ...
Lenders One Welcomes 29 New Member Companies to the Cooperative
Newsfilter· 2024-01-23 13:00
EL PASO, Texas, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Lenders One® Cooperative ("L1" or "Lenders One"), a national alliance of independent mortgage bankers, banks and credit unions managed by a subsidiary of Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ:ASPS), is pleased to welcome 29 new member companies that joined during the 2023 calendar year. The addition of these members amid the challenging mortgage origination environment is a testament to the power of the Cooperative's mis ...
Altisource Portfolio Solutions S.A.(ASPS) - 2023 Q3 - Earnings Call Transcript
2023-10-27 20:01
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Michelle Esterman - CFO Bill Shepro - Chairman and CEO Conference Call Participants Raj Sharma - B. Riley Financial FBR Mike Grondahl - Northland Securities Operator Good day. Welcome to the Altisource Third Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speakers' presentation there will be a question-and-answer session ...
Altisource Portfolio Solutions S.A.(ASPS) - 2023 Q3 - Earnings Call Presentation
2023-10-27 19:04
ALTISOURCE THIRD QUARTER 2023 SUPPLEMENTARY INFORMATION OCTOBER 26, 2023 DISCLAIMER This presentation contains forward-looking statements that involve a number of risks pandemic, customer concentration, the timing of the anticipated increase in default and uncertainties. These forward-looking statements include all statements that are related referrals following the expiration of foreclosure and eviction moratoriums and not historical fact, including statements that relate to, among other things, future for ...
Altisource Portfolio Solutions S.A.(ASPS) - 2023 Q3 - Quarterly Report
2023-10-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-34354 ALTISOURCE PORTFOLIO SOLUTIONS S.A. (Exact name of registrant as specified in its Charter) Luxembourg 98-0554932 (State ...
Altisource Portfolio Solutions S.A.(ASPS) - 2023 Q2 - Earnings Call Presentation
2023-07-29 14:58
ALTISOURCE SECOND QUARTER 2023 SUPPLEMENTARY INFORMATION JULY 27, 2023 ALTISOURCE OVERVIEW This presentation contains forward-looking statements that involve a number of risks pandemic, customer concentration, the timing of the anticipated increase in default and uncertainties. These forward-looking statements include all statements that are related referrals following the expiration of foreclosure and eviction moratoriums and not historical fact, including statements that relate to, among other things, fut ...
Altisource Portfolio Solutions S.A.(ASPS) - 2023 Q2 - Earnings Call Transcript
2023-07-29 05:35
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Michelle Esterman - Chief Financial Officer Bill Shepro - Chairman and Chief Executive Officer Conference Call Participants Mike Grondahl - Northland Securities Raj Sharma - B. Riley Financial Operator Good day and thank you for standing by. Welcome to the Altisource Second Quarter 2023 Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference cal ...