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Tag Archives: Altisource

Effectively Managing Vendor Networks

Kevin Cooke, Jr., Director Enterprise Sales and Business Development for Altisource, examines current trends in mortgage servicing including vendor management, regulatory compliance, and more.

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Altisource Shares Rise as CEO Reassures Firm’s Investors

In a conference call hosted ahead of Altisource's fourth-quarter earnings release, CEO William Shepro acknowledged that 2014 was "a trying time" for the firm's investors and employees as shares plunged nearly 80 percent. The company's troubles last year can be traced to its relationship with Ocwen Financial Corp., which has faced a growing amount of scrutiny from federal and state regulators related to its growth and operations.

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Lawsky Questions Ocwen on Charges of ‘Self-Dealing’

In a letter sent Monday to Ocwen Financial Corporation's General Counsel Timothy Hayes, New York State Department of Financial Service’s (NYSDFS) superintendent Benjamin Lawsky questioned the financial giant on business dealings related to a relationship between Ocwen and Altisource Portfolio Solutions.

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