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 * Singer Paris Graham 2. Issuer Name and Ticker or Trading Symbol Altisource Asset Management Corp [ AAMC ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
General Counsel and Secretary
(Last)         (First)         (Middle)
5100 TAMARIND REEF
3. Date of Earliest Transaction (MM/DD/YYYY)
2/24/2021
(Street)
CHRISTIANSTED, VI 00820
(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  2/24/2021    A(1)    9470.0000 (1) A $23.7200 (2) 9470.0000  D   
Common Stock  2/24/2021    A(3)    5000.0000 (3) A $0 (4) 14470.0000 (5) D   
Common Stock  2/24/2021    F(6)    4167.0000 (7) D $23.7200 (8) 10303.0000 (5) 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

Explanation of Responses:
(1)  Effective February 24, 2021 (the "Grant Date"), the compensation committee of the board of directors of the Company granted the reporting person an aggregate of 9,470 shares (the "Shares") of common stock. The Shares vest immediately on the Grant Date.
(2)  The price per share was calculated based on the average of the high and low price of the Company's common stock on the vesting date, which was February 24, 2021.
(3)  Effective February 24, 2021, the compensation committee of the board of directors of the Company granted the reporting person an aggregate of 5,000 restricted shares (the "Shares") of common stock pursuant to a Restricted Stock Award Agreement. The Shares vest in equal annual installments on each of the first three anniversaries of the reporting person's hiring date, which was October 15, 2020, subject to acceleration or forfeiture in certain circumstances.
(4)  N/A.
(5)  Includes 5,000 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture.
(6)  Such 4,167 shares were forfeited by the reporting person to cover the tax withholdings on the vesting of his Common Stock pursuant to the terms of the Company's 2020 Equity Incentive Plan.
(7)  Such 4,167 shares were forfeited by the reporting person to cover the tax withholdings on the vesting of his Common Stock pursuant to the terms of the Company's 2020 Equity Incentive Plan.
(8)  The price per share used to determine the tax withholdings was the average of the high and low sale prices of the Company's common stock on the vesting date, which was February 24, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Singer Paris Graham
5100 TAMARIND REEF
CHRISTIANSTED, VI 00820


General Counsel and Secretary

Signatures
P. Graham Singer, Attorney-In-Fact 2/26/2021
**Signature of Reporting Person Date