Businessweek

Altisource Asset Management Corporation, a development stage company, provides asset management and corporate governance services in the United States. The company offers its services under a residential asset management agreement to Altisource Residential Corporation (Residential), which acquires and owns single-family rental assets. It also provides title insurance and reinsurance services. The company administers Residential's day-to-day business activities and operations. Among other services, the company would provide Residential with a management team and appropriate support personnel who have substantial sub-performing and non-performing loan portfolio experience. Business Strategy The company’s business strategy is to provide asset management services to Residential; and develop other scalable investment strategies and vehicles. History Altisource Asset Management Corporation was founded in 2012. The company was incorporated in the United States Virgin Islands in 2012.