Thursday, January 26, 2023 | The Latest Buzz for the Appraisal Industry

Realignment Results in Servicer Cutting More Than 800 Jobs

By Tory Barringer

Luxembourg-based mortgage servicer Altisource Portfolio Solutions is cutting more than 800 jobs both overseas and at home in the wake of what was a bumpy year for the company. The move was announced in a conference call with investors on Friday that saw Altisource management working to reassure shareholders who have seen their stock drop more than 80 percent in the last year.

The post Realignment Results in Servicer Cutting More Than 800 Jobs appeared first on DSNews.

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