|Bid||16.25 x 1000|
|Ask||36.00 x 2200|
|Day's Range||19.29 - 19.71|
|52 Week Range||15.30 - 27.08|
|Beta (5Y Monthly)||0.99|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 23, 2020 - Feb 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 13, 2012|
|1y Target Est||27.00|
LUXEMBOURG, Feb. 20, 2020 -- Hubzu, a leading online real estate marketing platform, today released data uncovering the top 25 U.S. metropolitan statistical areas (MSAs) for.
(“Altisource” or the “Company”) (ASPS), a leading provider of real estate, mortgage and technology services, today released its 2020 report, “The State of the Originations Industry.” The report highlights results from the annual Origination Survey, a survey of over 200 professionals in the mortgage origination business conducted in 2019. Of the mortgage origination professionals surveyed, 22 percent cited artificial intelligence (AI) as the most important factor to differentiate their organization in a competitive mortgage market. AI and machine learning are driving new technology adoption in the industry in two important areas: point-of-sale (POS) solutions and back-office workflow.
(“Altisource” or the “Company”) (ASPS), a leading provider of real estate, mortgage and technology services, today released its 2020 report, “The State of the Default Servicing Industry.” The report highlights results from the fourth annual Default Servicing Survey, a survey of 200 mortgage default servicing professionals conducted in 2019. The overall U.S. delinquency rate is at an all-time low at 3.6 percent.1 However, despite the historically low delinquency rates, servicing professionals expect the rates for certain loan types to grow — specifically FHA and private lender loans. Of the servicing professionals surveyed, 90 percent (up from 87 percent in 2018) cited that their organization currently services FHA loans; 80 percent (up from 72 percent in 2018) expect their FHA loan portfolio to increase over the next 12 to 24 months and 85 percent (up from 77 percent in 2018) expect the increase to be more than 25 percent.
Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced the hiring of Indroneel Chatterjee as the Company’s new Co-Chief Executive Officer, effective January 13, 2020 (the “Effective Date”). Mr. Chatterjee will also become a member of the Company’s Board of Directors on the Effective Date.
How far off is Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) from its intrinsic value? Using the most recent...
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
Vendorly, an innovative vendor oversight platform for financial institutions, today announced the launch of a third-party originator (TPO) oversight program for mortgage lenders to streamline the broker vetting process and create a central repository for due diligence documentation. The program further enhances the Vendorly™ third-party risk management (TPRM) methodology and complements mortgage lenders’ existing vendor management programs. The mortgage lending industry has seen significant growth in the number of mortgage brokers since the financial crisis.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
Altisource Portfolio (ASPS) delivered earnings and revenue surprises of -34.21% and -8.12%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Third Quarter 2019 Service revenue of $133.8 millionIncome from operations of $18.2 million and adjusted operating income(1) of $7.8 millionIncome before income taxes and.
On Thursday, October 24, 2019, Altisource Portfolio Solutions S.A. (“Altisource”) (ASPS) will report earnings for the third quarter 2019. 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. EDT on the same day to discuss its third quarter 2019 results. A link to the live audio webcast will be available on Altisource’s website in the Investor Relations section. Those who want to listen to the call should go to the website at least fifteen minutes prior to the call to register, download and install any necessary audio software. A replay of the conference call will be available via the website approximately two hours after the conclusion of the call and will remain available for approximately 30 days.
Altisource Portfolio (ASPS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LUXEMBOURG, Oct. 16, 2019 -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider of real estate, mortgage and technology.
Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close Owners.com’s operations. The Company believes that closing Owners.com supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.
Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it created Pointillist, Inc. and contributed the Pointillist® customer journey analytics business and $8.5 million to it. Pointillist, Inc. is owned by Altisource and management of Pointillist, Inc. The Company believes that establishing Pointillist as its own legal entity positions it to raise equity capital from other investors. At this time, Altisource expects that it will continue to consolidate Pointillist, Inc. for financial reporting purposes.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
LUXEMBOURG, Sept. 23, 2019 -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider of real estate, mortgage and technology.
Vendorly, an innovative vendor oversight platform for financial institutions, is providing NTFN with a third-party risk management (TPRM) solution to maximize the company’s TPRM processes and minimize the risk presented by their large network of third-party vendors. Through the Vendorly™ solution, NTFN has been able to successfully streamline their vendor management procurement and vetting process, saving in excess of 50 percent of their prior vendor management spend. NTFN is a full-service mortgage banker established in 1992 and headquartered in Lewisville, TX.
LUXEMBOURG, Sept. 03, 2019 -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider of real estate, mortgage and technology.
William Shepro became the CEO of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) in 2009. This report will, first...
Owners.com, a leading technology and customer-focused real estate brokerage, announced today that select agents in both its Atlanta and Chicago markets have been awarded the “Best of Zillow” as determined by customer feedback. This award recognizes agents who provided exceptional customer service based on Zillow’s Customer Experience Score, a data-driven scoring system that rewards agents who continuously receive positive customer feedback.
Lenders One Cooperative, a national alliance of independent mortgage bankers, today kicks off its annual August Summit in Seattle, WA. Prior to joining the cooperative, Demola was Chief Operating Officer at MLB Residential Lending, LLC, a member of Lenders One. Demola brings years of experience in mortgage, consulting and business development and will focus on enhancing the value that Lenders One delivers to both members and preferred providers.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.