Altisource has three primary business segments including:
Mortgage Services- Mortgage portfolio management services that span the mortgage lifecycle (e.g. origination, valuation, closing and title services, default management services, asset management and component services)
Technology Products - REALSuite of applications (residential and commercial loan servicing, loss mitigation, vendor management and electronic invoice presentment and payment software) as well as our IT infrastructure services
Financial Services - Asset Recovery and Customer Relationship Management
Altisource is developing a reputation as the preeminent technology enabled, knowledge based provider of its services. Our focus is on leveraging technology and a global service delivery model to provide highly efficient, accurate support of the industries we service. Unique intellectual property, such as behavioral-science principles, artificial intelligence driven scripting engines and risk decision models are used to reduce performance variability and improve compliance and overall performance for Altisource and its clients.
About Altisource
Altisource provides services to some of the most respected organizations in their industries, including one of the nation"s largest sub-prime servicers, government agencies and many lenders, servicers, investors, mortgage bankers, credit unions, financial services and hedge funds companies across the country.
Altisource improves the performance and profitability of its clients by leveraging a global workforce, integrated technologies and decision models.
Altisource has three primary business segments including:
Mortgage Services
*Default Management: A full range of solutions to manage defaulted loans from valuation and back-office administrative support to processing short sale and deed-in-lieu transactions.
*REO Asset Management: End-to-end real estate management solutions available through a single vendor platform that maximize net proceeds and reduce REO sales timelines.
*REO Sales: A national real estate brokerage featuring a combination of traditional and online bidding sales strategies to provide maximum exposure to properties.
*Settlement Services: Closing, escrow and title insurance solutions to efficiently close REO, new home purchases and home refinance transactions.
*Origination: Custom solutions from appraisals to fulfillment to meet each client"s unique needs and fluctuating volume requirements.
Financial Services
*Nationwide Credit, Inc: One of the largest asset recovery and customer relationship management agencies in the country providing contingency collections, legal management, customer relationship management and charge-off mortgage collections.
Technology Services
*A full suite of enterprise technologies to enable vendor and order management, commercial and residential real estate servicing, homeowner retention, document management, invoice presentment and payment and more.
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