Altisource Portfolio Solutions SA has added short sale and deed-in-lieu services to its line of services available to lenders and servicers. The expansion leverages Altisource's 20 years of experience in default and asset management, explains Tara Williams, vice president of field services and head of the new short sale division.
‘There's quite a bit of overlap with short sale transactions and default and asset management services – two areas where Altisource has enabled servicers to achieve significant success over the past 20 years,’ Williams says. ‘Altisource's expertise and core capabilities make short sale services a logical extension of our offerings.’
The company's short sale services offer centralized contact and life-cycle management that includes borrower contact, valuation, asset management, junior-lien negotiation and buyer qualification, as well as title and settlement services.