Tag Archives: Lenders One

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 →

Altisource public stock offering will pay off roughly $20M in debt

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Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt. 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 →

Coming soon to a Walmart near you: Mortgages, FHA loans and more

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Lenders One member opens the alliance’s first mortgage branch in a New Jersey Walmart, with more openings slated for Florida, California, Ohio, South Carolina and Texas. Continue reading →