FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HYNES MARK J. 		2. Issuer Name and Ticker or Trading Symbol

Altisource Portfolio Solutions S.A. [ ASPS ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President, Technology Services
(Last)          (First)          (Middle)

40, AVENUE MONTEREY 		3. Date of Earliest Transaction (MM/DD/YYYY)

4/15/2015
(Street)

N4 L-2163
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   4/15/2015     A    5600.0000   (1) A $0.0000   5600.0000   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options   $18.7900   4/15/2015     A      7800.0000         (2) 4/15/2025   Common Stock   7800.0000   $0.0000   7800.0000   D    

Explanation of Responses:
( 1)  On April 15, 2015, Mr. Hynes was granted 5,600 restricted shares of ASPS common stock, which are scheduled to vest in three equal installments on the second, third and fourth anniversaries of the April 15, 2015 grant date (i.e., April 15, 2017, April 15, 2018 and April 15, 2019). In the event that a corporate restructuring or a change of control transaction takes place (1) on or before six months after April 15, 2015, 50% of the restricted stock award will vest and the remainder will be forfeited, (2) between six and 18 months after April 15, 2015, 75% of the restricted stock award will vest and the remainder will be forfeited and (3) any time more than 18 months from April 15, 2015, 100% of the restricted stock award will vest.
( 2)  On April 15, 2015, Mr. Hynes was granted 7,800 options to purchase shares of ASPS common stock, which are scheduled to vest in three equal installments on the first, second and third anniversaries of the April 15, 2015 grant date (i.e., April 15, 2016, April 15, 2017 and April 15, 2018).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HYNES MARK J.
40, AVENUE MONTEREY
N4 L-2163

President, Technology Services

Signatures
Teresa L. Denoncourt, Attorney-in-Fact 4/17/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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