Altisource Asset Management Corporation
New York Stock Exchange ArcaCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- William Charles Erbey
- Full Time Employees
- 13
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 5100 Tamarind Reef Christiansted VI United States of America 00820
- IPO Date
- Mar 21, 2022
- CIK
- 0001555074
- Website
- altisourceamc.com
- Similar Companies
- Business
- Altisource Asset Management Corporation (AAMC) is an alternative asset management and lending company that provides liquidity and capital to underserved markets through the purchase and origination of business-purpose mortgages; portfolio management and corporate governance services to real estate investment trusts and other portfolio-driven entities; and comprehensive asset management solutions including property management, rental management, marketing, maintenance, underwriting, due diligence, and renovation oversight for distressed and non-performing real estate assets. The company operates primarily in the financial services and real estate sectors, targeting institutional investors, money managers, insurance companies, credit funds, and owners of foreclosed or distressed properties, with principal offices in Christiansted, U.S. Virgin Islands; additional operations in the United States through subsidiary AAMC US, Inc.; and in India through Finsight Business Solutions Private Limited. Founded in 2012 and publicly traded on the NYSE American exchange under the ticker AAMC, the company leverages experienced teams in whole loan trading, alternative lending, and non-performing loan acquisitions. In recent developments, AAMC secured a $50 million line of credit from NexBank to enhance its funding capacity for asset acquisitions and lending activities. The company reported revenue growth in 2025, with second-quarter service revenue increasing 11% to $40.8 million and third-quarter service revenue rising 4% to $39.7 million, driven by expansions in renovation services, risk management, Hubzu Marketplace operations, and new customer wins for its Equator platform amid low delinquency rates and strategic cost discipline. Leadership changes include the appointment of Michael Delgiacco as Chief Financial Officer in August 2024 and a return of Bill Erbey as Chairman and CEO, alongside ongoing focus on countercyclical opportunities in rising foreclosures and refinances.
Repeat: Treatment.com AI Announces New Medical Education Suite to Enhance Clinical Skills Training Through AI-Simulated Patients
Treatment.com AI Announces New Medical Education Suite to Enhance Clinical Skills Training Through AI-Simulated Patients
Top 2 Real Estate Stocks That Could Blast Off This Quarter
Altisource Asset Management Corporation Announces Intention to Voluntarily Delist and Deregister Its Common Stock
Altisource Asset Management Corporation Reports Receipt of Communications From NYSE American
Altisource Asset Management Corporation Letter to Shareholders
Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through May 2024
Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through April 2024
Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through March 2024
Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through February 2024
Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through January 2024
Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through March 2024
Altisource Asset Management Corporation Repurchases Preferred Shares in Global Settlement With Luxor Capital
Why Is Altisource Asset Management (AAMC) Stock Up 24% Today?
Altisource Asset Management Corporation Reports Key Ruling in Blackrock and PIMCO Litigation
Altisource Asset Management Corporation Announces Departure of COO and Interim CEO Danya Sawyer
Altisource Asset Management Corporation Reports Receipt of Communications from NYSE
NYSE American to Commence Delisting Proceedings Against Altisource Asset Management Corporation (AAMC)
Altisource Asset Management Corporation Reports a Stock Dividend in Lieu of a Stock Split and Appointment of New CFO
Altisource Asset Management Corporation Announces Departure of CEO