LUXEMBOURG -- (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.
Contacts:
Altisource Portfolio Solutions
Investor:
Michelle
D. Esterman
Chief Financial Officer
+352 2469 7950
Michelle.Esterman@Altisource.lu
or
Press:
Barbara
L. Goose
Global Chief Marketing Officer
617-728-5501
Barbara.Goose@Altisource.com
Source: Altisource Portfolio Solutions S.A.
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