Altisource Celebrates 10 Years of Providing Asset Management Services

first_img Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago September 26, 2019 2,666 Views Home / Daily Dose / Altisource Celebrates 10 Years of Providing Asset Management Services  Print This Post Altisource Company News 2019-09-26 David Wharton Demand Propels Home Prices Upward 2 days ago Tagged with: Altisource Company News Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: David Wharton The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Altisource Celebrates 10 Years of Providing Asset Management Services Servicers Navigate the Post-Pandemic World 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Altisource Portfolio Solutions, a provider of real estate, mortgage, and technology services, announced that August 2019 marked 10 years of providing innovative residential real estate asset management solutions.Altisource provides leading financial institutions with a full suite of technology-enabled, residential real estate management services, helping to improve efficiencies while maximizing client performance. These customizable solutions include REO and short sale management, real estate brokerage, online real estate auction, property inspection and preservation, valuations, and title and settlement services. Since its inception in 2009, Altisource has facilitated the sale of over 248,000 properties with the vast majority sold via the Hubzu® online marketing and auction platform. With Hubzu, prospective buyers have the opportunity to bid on an average of 4,000 properties marketed for sale across the U.S. and Puerto Rico at any time. Hubzu has attracted 1.7 million prospective buyers and real estate agents—with approximately 4.5 million bids placed on the platform since 2009.Key highlights include:2009: Launched its asset management services with a focus on residential REO asset management.2009: Launched online auction marketing of residential REO properties, offering customers the opportunity to bid on servicer and bank-owned properties through the Hubzu platform.2012: Sold 50,000 properties through Hubzu.2013: Acquired Equator and its integrated workflow automation to coordinate REO processes from file referral and marketing through the REO sale.2014: Achieved $10 billion in property sales through Hubzu.2016: Sold 150,000 properties through Hubzu.2017: Achieved $20 billion in property sales through Hubzu.2018: Sold 200,000 properties through Hubzu.2019: Launched the Equator FHA Modeling Tool, a proprietary FHA model that leverages data feeds and workflows to help servicers accurately project costs and determine marketing strategy to reduce losses on properties.2019: Reached 1.7 million registered users on Hubzu, further establishing its leading market position.“We are proud of Altisource’s industry leadership and success in developing its asset management and online auction business over the last 10 years,” said John A. Vella, Chief Revenue Officer, Altisource. “We have a unique ability to offer our customers asset management and workflow solutions, as a bundle or as component services. The team remains committed to continuously enhancing our solutions and providing best in class service and performance. I am extremely proud of the team and we look forward to aggressively creating more innovative solutions for our clients and the market over the next decade.” in Daily Dose, Featured, Headlines, News, REO, Technology The Best Markets For Residential Property Investors 2 days ago Subscribe Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Previous: CFPB Announces Additions to Executive Team Next: ServiceMac Implements Collateral Loss-Mitigation Solution From DIMONTlast_img read more

Student startup offers original music, personalized songs as gifts

first_imgSophomore Ralph Moran has a mission: to draw people away from typical cookie-cutter gifts. For him, music has the power to be the ultimate gift.Moran’s company, “Streetlight Creations,” is a custom music platform that connects customers with artists for the purposes of creating personal songs “to address the desire for meaningful gifts among the general populous.”“Music is one of the realms of communication that is inherently human and inherently personal, except it’s still out of bounds with people who do not have a musical talent,” Moran said. Moran, along with his co-founder and fellow sophomore Nicholas Lampson, said he started Streetlight Creations to help make the gift of music a more universal option and not an idea simply restricted to those that could produce it. “The process is pretty simple,” he said. “So you come onto the website and you create a song, and then you’re taken to a forum on the website where you’re asked a series of questions. Our most typical songs are going to be romantic, I would imagine. We encourage you to give all the details you can, like little details where you met that person … so that we can pass on all that information then to the artist that best fits what you’re looking for.”Moran said that currently, all of the platform’s artists are students on campus, several of whom are already fairly successful and have numerous followers on Spotify. Student artists include senior Alexis Donn Daugherty, who sings acoustic pop, and junior Joey Warner, who specializes in EDM.“We hope to eventually recruit artists from all over the country, both hobbyists and people who are trying to break the industry, to give them a means to hone their craft while also receiving some sort of pay for doing so,” Moran said.Streetlight Creations was founded in November of 2017, Moran said. The company already has customers and recently launched its Valentine’s Day special, which includes a song and a lyric presentation for $75.“We had a sale for a guy from Texas; he was getting married and he wanted a song to commemorate the day,” Moran said. “We also had a sale for the birthday of two twins.”Moran said Streetlight Creations has provided the opportunity to bring some artists out of the woodwork who would otherwise be “closeted artists.”“Streetlight Creations is really about the artist as much as it is about the  customer. Our whole value proposition is we want to be a platform where artists can grow,” he said. “Artists that join Streetlight and write for us we’re going to … enable them to create a portfolio and we’re going to help them produce music so that they can get things out there if they’re looking to take their music career further.”Moran and Lampson are no strangers to the music world. Lampson is a cellist and Moran is a member of both the Glee Club and the Undertones and plays the guitar and piano in his spare time.“We both have that passion for music, but at the end of the day we’re business-minded as well, so Streetlight Creations is the perfect opportunity for us to combine the things we love and share it with other people,” Moran said.Moran, a computer science major and collaborative innovation minor, said he enjoys the thrill of being a part of a student startup. He said Streetlight Creations provides him the opportunity to marry two interests that on the surface seem like a rare combination: coding and music.“Inherently, I don’t think that I’m a stereotypical computer science major. From the very beginning, I’ve always been very creative, so what really gives me a thrill isn’t just writing code, but it’s the idea of creating something new,” he said. “That’s why I love computer science, because I can make things out of nothing. But business is a way I can do that too and also work with people that have complementary skills with mine.”Tags: Computer science, Music, start-up, Streetlight Creations, student artistslast_img read more

Cops Save Kayaker Stranded Off Fire Island

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Suffolk County police officers rescued a kayaker who lost his gear, became stranded and was clinging to a pylon after being swept up in a strong current at the Old Inlet breach on Fire Island.Timothy Miller was kayaking in Bellport Bay his kayak capsized, he lost his paddle and swam to a small island and then tried to swim to shore but the current was too strong, police said.Miller called 911 with his cell phone at 8:08 p.m. and held onto a pylon until Marine Bureau and Aviation Section officers responded with two police boats and a Suffolk County helicopter that guided the vessels through the shallow water.The 39-year-old Patchogue man was cold and exhausted when he was pulled from the water at 8:32 p.m. and later taken to a local hospital.last_img read more