LUXEMBOURG, May 14, 2020 -- Granite Risk Management (“Granite”), a construction risk mitigation provider, announced the launch of GranitePix, a new solution to help the.
Full Year 2019 Service revenue of $621.9 millionIncome from operations of $18.1 millionAdjusted operating income(1) of $53.4 millionIncome before income taxes and.
(“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.
The truth is that if you invest for long enough, you're going to end up with some losing stocks. Long term Altisource...
Altisource Portfolio (ASPS) delivered earnings and revenue surprises of -45.83% and 4.94%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Joining me for today's call is Bill Shepro, our Chairman and Chief Executive Officer. The roughly $90 million of Ocwen-related revenues, how did that compare to kind of your forecast or kind of internal budget?
Lenders One Cooperative, a national alliance of independent mortgage bankers, today kicks off its annual March Summit in Aventura, FL. The cooperative celebrates its continued growth and will feature keynotes from boxing legend Sugar Ray Leonard and industry standout Barry Habib, member-only networking sessions and education sessions designed to help members discover new opportunities through the end of 2020 and beyond. The cooperative most recently added two notable preferred providers and three capital markets providers and conducted two Executive Roundtable events.
Q4 and Full Year 2019 Altisource Portfolio Solutions SA Earnings Conference Call
Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets we serve.
Shares of Altisource Portfolio (NASDAQ:ASPS) were unchanged at $8.02 after the company reported Q1 results.Quarterly Results Earnings per share fell 64.58% year over year to $0.17, which beat the estimate of $0.09.Revenue of $113,176,000 less by 31.41% from the same period last year, which missed the estimate of $122,150,000.Outlook Altisource Portfolio hasn't issued any earnings guidance for the time being.Altisource Portfolio hasn't issued any revenue guidance for the time being.Conference Call Details Date: Apr 30, 2020View more earnings on ASPSWebcast URL: https://edge.media-server.com/mmc/p/hukok66aTechnicals Company's 52-week high was at $25.11Company's 52-week low was at $6.00Price action over last quarter: down 23.62%Company Description Altisource Portfolio Solutions SA is an integrated service provider and marketplace for the real estate and mortgage industries. It operates through the following segments: The Mortgage Market segment provides loan servicers and originators with marketplaces, services, and technologies that span the mortgage lifecycle; The Real Estate Market segment provides real estate consumers and rental property investors with marketplaces and services that span the real estate lifecycle; The Other Businesses, Corporate and Eliminations segment includes asset recovery management services and customer relationship management services as well as information technology infrastructure management services.See more from Benzinga * Recap: WESCO International Q1 Earnings * 1-800-Flowers.com: Q3 Earnings Insights * Recap: Unitil Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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.
Today is shaping up negative for Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) shareholders, with the analysts...
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.
Service revenue of $113.2 millionLoss from operations of $(4.2) millionAdjusted operating income(1) of $8.5 millionLoss before income taxes and non-controlling interests of.
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.
The previously announced date and time of the meeting (May 19, 2020, at 9:00 a.m. Central European Time), and the business items to be considered at the meeting, remain the same. The virtual meeting will be conducted via live webcast at https://web.lumiagm.com/m#/157819148 commencing at 9:00 a.m. Central European Time on Tuesday, May 19, 2020. Shareholders of record are those shareholders holding their shares through an account with our transfer agent, American Stock Transfer & Trust Company, LLC. Shareholders of record may use the 16 digit control number found on their proxy cards to enter the virtual meeting.
Altisource Portfolio (ASPS) delivered earnings and revenue surprises of 88.89% and -7.35%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets we serve.
(“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.
Q1 2020 Altisource Portfolio Solutions SA Earnings Call