Real estate and mortgage services provider has racked up $363 million in cumulative losses and ended the first quarter with $30.8 million of cash and cash equivalents following a $232.8 million debt restructuring.
Source: Inman News
Hubzu operator Altisource plans reverse split to avoid delisting
Published in altisource, Altisource Portfolio Solutions, auction, Equator, foreclosure, foreclosure auction, hubzu, india, inman, Lenders One, Lenders One Cooperative, Luxembourg, Mortgage, mortgage loan servicing, Property Preservation, real estate, real estate auction, Real Estate Owned, Real Estate Valuation, reo, residential real estate, san diego, Select, Technology, united states, Uruguay, valuations and William Shepro
More from altisourceMore posts in altisource »
- Ocwen agrees to settle decade-long suit over BPO, valuation fees
- Hubzu operator Altisource to issue more stock to pay down debt
- Altisource sees rise in foreclosures as a path to profitability
- Altisource public stock offering will pay off roughly $20M in debt
- Hubzu operator Altisource raising money in public stock offering
More from Altisource Portfolio SolutionsMore posts in Altisource Portfolio Solutions »
More from auctionMore posts in auction »
- Losing Remine bidder is a current employee — and an agent
- Use auctions to reboot your listing (without a price drop)
- Elvis Presley’s childhood home in Mississippi hits the auction block
- Legendary Hamptons property auctioned off for debt repayment
- Bitcoin house in San Francisco to auction 75-year NFT leases
More from EquatorMore posts in Equator »
More from foreclosureMore posts in foreclosure »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Falling home prices leave nearly 1 million Americans ‘underwater’
- $100M fraud ring busted, hundreds displaced by foreclosures
- Former agent convicted of swindling woman out of her home
More from foreclosure auctionMore posts in foreclosure auction »
More from hubzuMore posts in hubzu »
- Hubzu operator Altisource to issue more stock to pay down debt
- Altisource sees rise in foreclosures as a path to profitability
- Altisource public stock offering will pay off roughly $20M in debt
- Hubzu operator Altisource raising money in public stock offering
- Mr. Cooper lays off originators while mortgage servicing business booms
More from indiaMore posts in india »
More from inmanMore posts in inman »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Change strategy as the market shifts to win the listings long game
- Can agents use AI to help with contracts and disclosures?
- 5 lead-generation metrics you must review before 2026 begins
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
More from Lenders OneMore posts in Lenders One »
More from Lenders One CooperativeMore posts in Lenders One Cooperative »
More from LuxembourgMore posts in Luxembourg »
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from mortgage loan servicingMore posts in mortgage loan servicing »
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
- Mortgage trigger leads will be less crazy, but they ain’t going away
- Rocket to inherit Mr. Cooper’s customer satisfaction woes
- Mr. Cooper is ‘firing on all cylinders’ going into merger with Rocket
- CFPB rescinds dozens of policies as court battle over its fate rages on
More from real estateMore posts in real estate »
- Keller Williams expands overseas once again
- October brought the strongest buyer’s market in 12 years: Redfin
- 41 years, 8 lessons, 1 truth about real estate that never changes
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- Inman is celebrating 30 years of community, and you’re invited
More from real estate auctionMore posts in real estate auction »
More from Real Estate OwnedMore posts in Real Estate Owned »
- Foreclosures are on the rise. Here’s how to lean into the shift and develop a new income stream
- Altisource sees rise in foreclosures as a path to profitability
- Individuals to get better shot at buying foreclosed homes
- How to break into the lucrative REO market
- Is remote real estate investing the next big thing?
More from reoMore posts in reo »
- Here’s how to save canceled listings and improve success rates
- Foreclosures are on the rise. Here’s how to lean into the shift and develop a new income stream
- Xome’s DIY platform lets investors sell homes without an agent
- Altisource sees rise in foreclosures as a path to profitability
- Hints of more layoffs loom at Mr. Cooper as profits wane in Q3
More from residential real estateMore posts in residential real estate »
- Can agents use AI to help with contracts and disclosures?
- Walshe murder trial: Defense floats new story in opening statement
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- The most iconic house in Los Angeles is now for sale
- Coldwell Banker nabs 1,300-agent affiliate from Berkshire Hathaway
More from san diegoMore posts in san diego »
- Bayview merger positions Guild Mortgage for refinancing boom
- Delistings and discounts jump as holiday season approaches
- The fallout from NAR’s big reversal: Take the Intel Index survey today
- 53% of US homes lost value from 2024 — but it’s not a crash
- Inman is celebrating 30 years of community, and you’re invited
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from TechnologyMore posts in Technology »
- Future-proof your digital footprint for 2026 (and beyond)
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- In crowded virtual staging category, Collov AI offers ease, affordability: Tech Review
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
- DR Horton gets into AI mortgage tech with Tidalwave stake
More from united statesMore posts in united states »
- The inventory surge is sputtering. See how your market stacks up
- RE/MAX CEO: Consolidation ‘could help accelerate our strategy’
- Christie’s president wants to dominate luxury real estate
- An interactive look inside the new-inventory run that’s losing steam
- How one upstart brokerage went from nothing to IPO in 3 years
More from valuationsMore posts in valuations »
Be First to Comment