Altisource Supports Homes4WoundedHeroes Program with Homeownership Mentoring for Military Veteran
October 23 2014 - 1:35PM
Business Wire
Altisource Portfolio Solutions S.A. (“Altisource”)
(Nasdaq:ASPS) today announced it is supporting financial mentorship
and homeownership guidance for injured U.S military veteran
Corporal Todd Lipscomb as part of the Military Warriors Support
Foundation's provision of a mortgage-free house.
During the Mortgage Bankers Association annual conference and
expo in Las Vegas, NV, Altisource joined Bank of America executives
and the Military Warriors Support Foundation in delivering Corporal
Lipscomb the keys to his new Fernley, NV home. Lipscomb was injured
in 2007 during an explosion while on patrol.
Military Warriors Support Foundation organizes mortgage-free
homes for combat-wounded veterans through the Homes4WoundedHeroes
program. Bank of America donated the mortgage-free home and
Altisource provided funding for three years of home ownership
mentoring, including financial guidance and education surrounding
property repair and maintenance, to help Corporal Lipscomb
transition into homeownership.
John Vella, Chief Operating Officer of Altisource’s Equator®
business unit, said, “There is no greater ‘thank you’ we could
deliver than to be a part of helping Corporal Lipscomb achieve the
dream of home ownership. We’re honored to support some of the most
important components of home ownership, including counseling on
monthly budgeting, savings, and debt repayment, so Corporal
Lipscomb can have a foundation to build a long-term future for his
family.”
About Altisource®
Altisource Portfolio Solutions, S.A. is a premier marketplace
and transaction solutions provider for the real estate, mortgage
and consumer debt industries offering both distribution and
content. Altisource leverages proprietary business process, vendor
and electronic payment management software and behavioral science
based analytics to improve outcomes for marketplace participants.
Altisource has been named to Fortune’s fastest growing global
companies two years in a row. Additional information is available
at www.Altisource.com.
About Military Warriors Support Foundation:
The Military Warriors Support Foundation (MWSF) is a 501(c) (3)
non-profit organization whose mission is to provide support for our
nation’s wounded heroes as they transition out of the military and
into their new civilian life. Through their Homes4WoundedHeroes
Program, they donate 100% mortgage-free homes to combat wounded
heroes, and their families, who were injured in Iraq and
Afghanistan. In addition to the home, the families will receive
three years of family and financial mentoring. For more
information, please visit their website at
MilitaryWarriors.org.
Altisource Portfolio SolutionsInvestor:Michelle D.
EstermanChief Financial Officer+352 2469
7950Michelle.Esterman@Altisource.luorPress:Barbara L.
GooseGlobal Chief Marketing
Officer617-728-5501Barbara.Goose@Altisource.com
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