Equator Archives

Foreclosures are on the rise. Here's how to lean into the shift and develop a new income stream

With foreclosure activity ticking upward, agents can learn from seasoned REO pros to build new streams of income during an economic downturn, Annette DeCicco writes

by Annette DeCicco Oct 19

Hubzu operator Altisource plans reverse split to avoid delisting

Real estate and mortgage services provider has racked up $363M in cumulative losses and ended Q1 with $30.8M of cash and cash equivalents following debt restructuring

by Matt Carter May 27

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