Tag Archives: Bill Shepro

Hubzu operator Altisource to issue more stock to pay down debt

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The Luxembourg-based real estate and mortgage services provider, which has slashed nearly 400 positions this year, raised $20.5 million in a February offering that it used to pay down debt. Continue reading →

Altisource sees rise in foreclosures as a path to profitability

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The operator of real estate auction platform Hubzu reports a $53.4 million 2022 net loss, with revenue falling 15 percent to $144.5 million. Continue reading →

Hubzu operator Altisource raising money in public stock offering

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The debt-burdened company notified regulators in December of plans to raise up to $100 million through a public stock offering. Continue reading →