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
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 to shutter Owners.com
During the first 2 quarters of the year, Owners.com generated $3.8M in revenue and reported an $8.1M loss before income taxes
by Patrick Kearns Oct 8
Owners.com 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