Altisource Revenues Down 18 Percent YOY

Altisource Joins Other NAMFS Members In Historic Losses YOY

Seeking Alpha released information on Altisource the other day and it helps define why the vast majority of the mortgage field services industry is teetering on the verge of collapse.

Altisource (NASDAQ:ASPS) reported total revenues of US$508M in the first 9 months of 2019, a drop of -18% yoy. Revenues in Q3 were down -31% to US$141M. The majority of the revenue . . .

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