Altisource Portfolio Solutions S.A, a provider of real estate, mortgage and technology services, recently announced the launch of a tailored suite of single-family rental (SFR) services for the SFR market leveraging Altisource’s experience in closing over 23,000 singleand bulk asset acquisitions, dispositions and financing transactions.
SFR homes comprise more than one-third of all U.S. rental properties, or roughly 16 million homes, with another 13 million new rental households expected to be formed by 2030. With demand on the horizon, Altisource anticipates that investors and lenders will have an increasing need for SFR vendors that provide scale and consistency.
“As the single-family rental market expands and matures, we see a phenomenal opportunity to help institutional investors, owner-operators and private lenders navigate and grow in the SFR space,” said Ben Hall, VP, Altisource. “Altisource is well-positioned to provide its vertically integrated suite of single-family rental services and innovative solutions tailored to each customer’s strategy. It’s an exciting time for the SFR market, and we continue to listen to our customers’ needs and develop solutions that fully support them.”
“Altisource supports our SFR strategy with innovative and economical solutions,” said Shawn Miller, Chief Executive Officer, 5 Arch Funding Corp. “Within Altisource, Premium Title in particular has helped us simplify and standardize our execution across multiple loan programs. We value our relationship and continue to see meaningful results through Altisource’s suite of solutions.”