Altisource to Showcase Technology Innovation for the Mortgage Industry with Sponsorship
February 18, 2015
Altisource Portfolio Companies Equator and Mortgage Builder to Exhibit Solutions to Help Navigate the Rapidly Changing Mortgage Industry Landscape
Chief Revenue Officer John Vella to Participate on a Panel Discussing Advanced Ways to Engage Borrowers with ‘Self Service’
LUXEMBOURG, February 18, 2015 -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (Nasdaq:ASPS), a leading provider of mortgage, financial and technology services for the real estate industry, today announced its sponsorship of the Mortgage Bankers Association’s National Mortgage Servicing Conference & Expo 2015 including a high-profile presence at the event’s Networking Lounge within the exhibition hall throughout the duration of the conference. In addition, Altisource portfolio companies Equator and Mortgage Builder will have exhibit booths at the show.
Altisource’s Chief Revenue Officer, John Vella, will be a panelist for the discussion “Communicating with Borrowers through ‘Self-Servicing’” on February 25th from 11:00 a.m. to 12:30 p.m. at the Gaylord Texan Resort & Convention Center, level 3 in “Texas C.” At a time when borrowers demand the ability to access information from their servicer on their own terms, Vella will be a leading voice in this exploration of trends and best practices in customer communication. The discussion will cover how servicers can build “self-serve” options into their work, such as advanced web site designs, call center scripting and unique mobile phone options.
“Each year the Mortgage Bankers Association offers an important platform where servicers can learn how to thrive amid shifting challenges and identify new ways to operate more efficiently,” said Barbara Goose, Altisource’s Global Chief Marketing Officer. “Altisource will demonstrate how we offer technology and services that work across the mortgage industry to deliver advanced solutions that address regulatory compliance, loan management and the business efficiency that customers need to be effective. We look forward to engaging in a productive dialogue with the industry throughout this valuable event.”
Throughout the event, executives from Equator and Mortgage Builder will be on hand to discuss how they are supporting the mortgage industry by delivering comprehensive, compliance-driven solutions. Please visit Equator at booth 511 and Mortgage Builder at booth 312 within the Longhorn Exhibit Hall.
Altisource Portfolio Solutions S.A. is a premier marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries offering both distribution and content. Altisource leverages proprietary business process, vendor and electronic payment management software and behavioral science based analytics to improve outcomes for marketplace participants. Altisource has been named to Fortune’s fastest growing global companies two years in a row. Additional information is available at www.Altisource.com.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Those forward-looking statements include all statements that are not historical fact, including statements about management’s beliefs and expectations. Forward-looking statements are based on management’s beliefs as well as assumptions made by and information currently available to management. Because such statements are based on expectations as to future economic performance and are not statements of historical fact, actual results may differ materially from those projected. The Company undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to: Altisource’s ability to retain existing customers and attract new customers; general economic and market conditions; governmental regulations, taxes and policies; availability of adequate and timely sources of liquidity; and other risks and uncertainties detailed in the “Forward-Looking Statements,” “Risk Factors” and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.