Hubzu operator Altisource to issue more stock to pay down debt
The Luxembourg-based real estate and mortgage services provider, which has slashed nearly 400 positions this year, raised $20.5M in a February offering that it used to pay down debt
by Matt Carter Sep 7
Altisource sees rise in foreclosures as a path to profitability
Operator of real estate auction platform Hubzu reports a $53.4M 2022 net loss, with revenue falling 15% to $144.5M as foreclosures remain below pre-pandemic levels
by Matt Carter Mar 30
Altisource public stock offering will pay off roughly $20M in debt
Shares in the Hubzu operator touched a new 52-week low Friday as the company released details of a plan to pay off a portion of its nearly $200M debt burden by issuing up to 4.6M shares
by Matt Carter Feb 10
Hubzu operator Altisource raising money in public stock offering
Debt-burdened company notified regulators in December of plans to raise up to $100M through public stock offering on way to posting $53M 2022 net loss
by Matt Carter Feb 9
Foreclosures drive 53% listings growth on auction site Hubzu
Site operator Altisource posts its first quarter of sequential revenue growth in nearly 3 years, according to a quarterly earnings call Thursday
by Matt Carter Apr 29
Altisource tech will power investor marketplace
Deal geared at helping investors acquire and liquidate individual single-family rental properties, or entire portfolios, more efficiently
by Matt Carter Nov 30
Inman News quiz: Think you're on top of the week's biggest stories?
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
by Inman Oct 11
Altisource to shutter
During the first 2 quarters of the year, generated $3.8M in revenue and reported an $8.1M loss before income taxes
by Patrick Kearns Oct 8
Deutsche Bank hit with housing discrimination lawsuit
National Fair Housing Alliance accuses German banking and financial behemoth of neglecting foreclosed properties in minority neighborhoods
A businessman signing documents
Mergers, integrations, acquistions, partnerships and more
by Inman Mar 11
Miami takes second in rankings of price growth
List shows price appreciation still strong going into the fall months
by Kimberley Sirk Dec 16
LA shows strong rental price gains in new report
San Francisco ranked 4th as investment city
California and Florida cities dominated the top 10 ranking.
by Kimberley Sirk Nov 4 and Hubzu operator Altisource bolsters online real estate offerings with acquisition of RentRange and Investability
Altisource bought rental data and rental search startups for up to $24.8 million
by Teke Wiggin Oct 13