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Company Name
Altisource Business Solutions Pvt. Ltd.
Company Overview
Altisource Portfolio Solutions provides services focused on high value, knowledgebased functions principally related to real estate and mortgage portfolio
management, asset recovery and customer relationship management. Utilizing
integrated technology that includes decision models and behavioral-based scripting
engines, we provide solutions that improve our clients performance and maximize
their returns.
Altisource has three primary business segments:
Mortgage Services - Mortgage portfolio management services that span the
mortgage lifecycle (e.g. origination, valuation, closing and title services, default
management services, asset management and component services). Hubzu, a
premier real estate portal, acts as a one-stop location for buyers and agents to
search for and purchase properties across the United States. Properties are
purchased during online auction events and or through more traditional listings.
Technology Products - REALSuite of applications (residential and commercial loan
servicing, loss mitigation, vendor management and electronic invoice presentment
and payment software) as well as our IT infrastructure services
Financial Services - Asset recovery and customer relationship management
At Altisource, we continue to develop our reputation as the preeminent knowledgebased provider in our services sector. We focus on leveraging technology and a
global service delivery model that provides highly efficient, accurate support of the
industries we service. We use unique intellectual property, such as behavioralscience principles, artificial intelligence-driven scripting engines, and risk decision
models to reduce performance variability, improve compliance and enhance overall
performance for Altisource and our clients.
Financial Overview
2014 Service Revenue: $939 Million
2014 Pre-tax Income: $147 Million
Sector
Banking, Financial Services and Insurance (BFSI)
Company Size
9000+