Agents: Join Us
Ready to get started? Call (866) 874-8374
We can't access your location to search for listings nearby. Please enable location services from settings to use this feature.

ALTISOURCE ANNOUNCES WIND DOWN AND CLOSURE OF OWNERS.COM TO INCREASE FOCUS ON CORE BUSINESSES

Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close Owners.com’s operations. The Company believes that closing Owners.com supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

"Owners.com has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing Owners.com is in Altisource’s best interests given the time horizon and level of additional investments needed in order for Owners.com to operate independently. I am proud of the very talented and dedicated Owners.com team and want to thank them for their contributions."
Tell us more to narrow down your search.
$Price Range
Beds
BATHS
Property Type
Next, customize your search by adding Features.
0 LISTING FOUNDLISTINGS FOUND
Select your desired Features, and we'll rank the listings to show your best matches first.
Garage
Pool
Fenced yard
Updated Kitchen
Fixer Upper
Basement
Waterfront
Master on Main
Views
Fireplace
Hardwoods
Swim/Tennis
Kitchen Island
Walk in Closets
3+ Car Garage
Porch
RV/Boat Parking
Bonus Room
You'll be able to refine your search later adding more features and filters.
Show More +
 Back
Steps1/2
A tour experience to remember. Watch the video.
Save a bundle
on your home purchase
From financing to closing costs, Owners.com and our partners are here to help.
Find out how
Find out how
Sellbuy home

Enter Password

To access this content, please confirm your account password below.

Password is requiredPlease enter a valid password

Email sent

Check your inbox at and follow the instructions to reset your password.