A provider of services, software, and an online auction marketplace for the mortgage and real estate industries, Altisource helps lenders, servicers, and investors manage everything from loan origination to foreclosed-property sales, with tools like the Hubzu auction site and Equator and RentRange software. It was born in 2009 as a spin-off from mortgage company Ocwen Financial (now Onity Group), a move orchestrated by founder William Erbey. Fun fact: its name is widely read as a blend of "altitude" and "source," a nod to being a high-level one-stop shop for back-office mortgage work.
Altisource shareholders elect six directors and approve all eight proposals at 2026 Annual Meeting
At the May 20, 2026 Annual General Meeting, shareholders elected all six director nominees: John G. Aldridge Jr., Mary C. Hickok, Wesley G. Iseley, Joseph L. Morettini, William B. Shepro, and Matthew T. Winkler.
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Shareholders approved the appointment of RSM US LLP as independent registered public accounting firm and Atwell S.à r.l. as certified auditor for fiscal year 2026.
The Luxembourg Statutory Accounts for 2025, the Directors' report, and the allocation of results were all approved.
Directors and the supervisory auditor were discharged for their 2025 mandates, and the non-binding say-on-pay proposal was approved.
The amendment to the 2009 Equity Incentive Plan, adding 800,000 shares and automatic annual increases for four years, was approved.
5.07 Submission of Matters to a Vote of Security Holders
Altisource director Roland Mueller-Ineichen will not stand for re-election at 2026 AGM.
Roland Mueller-Ineichen, a Board member and Audit Committee Chair, notified the Company on February 13, 2026, that he will not stand for re-election at the 2026 Annual General Meeting.
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He will continue serving as director and Audit Committee Chair until his current term expires at that meeting.
His decision is not due to any disagreement with the Company on operations, policies, or practices.
The Company also disclosed Hubzu inventory growth to ~13,500 assets as of February 15, 2026, from 5,700 as of September 30, 2025.
Altisource recorded a $7.5 million liability in Q4 2025 for a settlement agreement resolving the National Fair Housing Alliance litigation.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 8.01 Other Events
Altisource Portfolio Solutions warrants become exercisable as of July 25, 2025
Altisource Portfolio Solutions S.A. disclosed that its Warrants, issued under the Warrant Agent Agreement dated March 31, 2025, are now exercisable.
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The Warrants became exercisable because the VWAP of the common stock exceeded the Implied Per Share Exercise Price for fifteen consecutive trading days as of July 25, 2025.
The Company issued two types of warrants: Cash Exercise Stakeholder Warrants and Net Settle Stakeholder Warrants.
The Warrants were originally issued on April 2, 2025, as previously reported in a Form 8-K.
The Company also provided a link to a FAQ document regarding the Warrants under Item 7.01.
Altisource reports Q2 2025 net income of $16.6M, revenue of $43.3M
Second quarter 2025 Service revenue was $40.8 million, up 11% from $36.9 million in Q2 2024.
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Net income attributable to Altisource was $16.6 million, compared to a net loss of $8.3 million in Q2 2024.
Diluted earnings per share was $1.48, versus a loss of $2.33 per share in the prior-year quarter.
Adjusted EBITDA was $5.4 million, up 23% from $4.4 million in Q2 2024; Adjusted EBITDA margin was 13.2%.
The company recognized a $9.6 million reversal of India tax reserves and a $9.0 million reversal of accrued interest, contributing to an $18.5 million income tax benefit.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits