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Stock impact report

Altisource Releases Annual Report on the State of the Originations Industry

Altisource Portfolio Solutions S.A. (ASPS) 
Last altisource portfolio solutions s.a. earnings: 4/30 06:59 am Check Earnings Report
US:NASDAQ Investor Relations: ir.altisource.com/investor-relations
Company Research Source: GlobeNewswire
LUXEMBOURG, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider of real estate, mortgage and technology services, today released its 2020 report, “The State of the Originations Industry.” The report highlights results from the annual Origination Survey, a survey of over 200 professionals in the mortgage origination business conducted in 2019. Of the mortgage origination professionals surveyed, 22 percent cited artificial intelligence (AI) as the most important factor to differentiate their organization in a competitive mortgage market. AI and machine learning are driving new technology adoption in the industry in two important areas: point-of-sale (POS) solutions and back-office workflow. POS solutions are being used to improve the customer experience by making the process of applying for a loan more simple and consistent. Back-office workflow incorporates AI and machine learning to improve quali Show less Read more
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