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Home » Altisource Portfolio Solutions Hit Hardest
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Altisource Portfolio Solutions Hit Hardest

March 27, 2015
In 2014, real estate owned vendor Altisource Portfolio Solutions grew its service revenue by a handsome 42 percent to $938 million while earnings crept up 3 percent to $134.5 million. So why is its stock price down 88 percent over the past year with both investors and stock analysts heading for the exits? To understand the plight of the publicly traded REO vendor, you first have to understand where it came from. ASPS is one of four spin-off companies of ...
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