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Altisource Asset Management Corp Com News

Big Investor Threatens Lawsuit Over $1.4 Billion Deal Linked to Ocwen, Fortress

A major shareholder in Ocwen affiliate Home Loan Servicing Solutions believes investors would have blocked the deal if they had been allowed to vote.

New York Taps Goldin to Monitor Ocwen's Compliance on Foreclosure Settlement

Restructuring advisor Goldin Associates has been appointed operations monitor of Ocwen Financial, in conjunction with a settlement the embattled mortgage debt collector reached with New York's main financial services regulator.

What the Weak Jobs Report Means; Assessing Altisource: Best of Kass

In highlights from his trading diary of the past week, Kass said Friday's weak jobs report adds to growing evidence of a slowing economy, and examines Altisource's restructured agreement.

Capstone Equities Seeks Greater Distance Between Ocwen-Linked Companies

A revised contract between Altisource Residential and Altisource Asset Management does not go far enough in ending their relationship with Ocwen Financial.

Ocwen's Financial Shrinkage Continues as NYSE Threatens Delisting

The sale of Ocwen's $25 billion mortgage-servicing portfolio to Nationstar is the second such transaction between the two companies. Ocwen insists its liquidity is sufficient.

Breaking News

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.