Six Prominent Real Estate Firms Recently Licensed Altisource's Equator Loan and Real Estate Management Platform
August 30 2023 - 2:15PM
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 Equator,
Altisource’s industry leading SaaS residential loan and real estate
management platform, recently added six new customers. Equator’s
growing list of customers now includes Dawson’s Realty &
Mortgages Inc., FlippingUSA, Scottsdale REI, LLC DBA Scottsdale
Mortgage Investments, and three others.
“The real estate industry’s continued adoption of Equator
underscores the platform's unparalleled capabilities that support
both the distressed and non-distressed residential real estate
space. The Equator platform’s adaptable workflows cater to the
diverse needs of residential real estate managers and investors
across the distressed and non-distressed real estate spectrum,”
said Israel Meir, Chief Strategy and Technology Officer.
Mr. Meir further commented, “We are pleased to provide these
valued customers with our asset management solutions to help them
manage their growing portfolios."
A spokesperson from Dawson’s Realty & Mortgages Inc.
remarked, "Our business model has always centered on offering our
clientele exceptional and tailored solutions. Aligning with
Altisource and adopting its Equator platform propels us forward in
that pursuit."
About Altisource®Altisource Portfolio Solutions
S.A. is an integrated service provider and marketplace for the
real estate and mortgage industries. Combining operational
excellence with a suite of innovative services and
technologies, Altisource helps solve the demands of the
ever-changing markets we serve. Additional information is available
at www.Altisource.com.
About Equator®Equator, an Altisource® business
unit, is a leading provider of default software solutions for
servicers, real estate agents, vendors, investors, and other
mortgage and real estate industry professionals. Equator’s REO,
short sale and loss mitigation modules have processed transactions
totaling more than $330 billion since its inception. Equator is
part of the Altisource Portfolio Solutions S.A. (NASDAQ: ASPS)
family of businesses. For more information, please visit
www.equator.com.
About Dawson’s Realty & Mortgages
IncDawson’s Realty & Mortgages Inc. established in
2006, is a certified 8(a), Woman-Owned Small Disadvantaged Business
(WOSB) registered as a Corporation in the State of Georgia. The
firm is led by Principal, Ms. Dawson who is the President, Founder,
& CEO and headquartered in Atlanta, Georgia with satellite
offices in the SE region and abroad. Dawson’s Realty &
Mortgages Inc.’s mission-critical solutions include Asset
Management, General Management, Construction Management, Facilities
Support Services, and Logistics. Dawson’s Realty & Mortgages
Inc. specializes in tailored solutions and strategies to Corporate,
Commercial and Government clients. Dawson’s Realty & Mortgages
Inc. has an extensive track record of servicing many GSEs as a
prime and sub-contractor.
About FlippingUSAThe FlippingUSA Marketplace is
an e-commerce platform that connects sellers and buyers through
meaningful interactions and unique goods. The FlippingUSA
Marketplace helps investors to find and buy Off-Market
Properties.
About Scottsdale Mortgage InvestmentsScottsdale
Mortgage Investments is a nationwide mortgage loan investment hedge
fund headquartered in Scottsdale, Arizona. Their Non-Performing
Loan, (NPL) strategy was created to profit from opportunities in
the defaulted residential 1st position mortgage market. For
additional information visit www.mortgageinvesting.com.
FOR FURTHER INFORMATION CONTACT: Michelle D.
Esterman Chief Financial Officer Altisource T: (770) 612-7007 E:
Michelle.Esterman@altisource.com.
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