Jim Leath Joins Altisource as Vice President Enterprise Sales and Business Development

Industry Veteran Assumes Leadership Role to Promote the Full Suite of Altisource Products and Services

LUXEMBOURG--(BUSINESS WIRE)-- Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (Nasdaq: ASPS), a leading provider of mortgage, financial and technology services for the real estate industry, today announced that Jim Leath has joined the company as Vice President Enterprise Sales and Business Development for all Altisource^® services.

In this role, Leath will be part of a growing Sales and Business Development team, responsible for sourcing and managing enterprise clients. "With his extensive originations, servicing and real estate knowledge and expertise, he will be a key asset for us in constructing a best in class sales and customer management operation to serve the marketplace and our clients," said John Vella, Chief Revenue Officer for Altisource. "Jim is an important addition to our team and will provide his unique talents to both our prospective and existing clients," continued Vella.

Leath previously held sales and business development leadership roles with LPS (Lender Processing Services), Auction.com and Hudson & Marshall.

About Altisource^®

Altisource Portfolio Solutions S.A. is a premier marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries offering both distribution and content. Altisource leverages proprietary business process, vendor and electronic payment management software and behavioral science based analytics to improve outcomes for marketplace participants. Altisource has been named to Fortune's fastest growing global companies two years in a row. Additional information is available at www.Altisource.com.

Source: Altisource Portfolio Solutions, S.A.

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Altisource Portfolio Solutions, S.A.
Investor:
Michelle D. Esterman, +352 2469 7950
Chief Financial Officer
Michelle.Esterman@Altisource.lu
or
Press:
Nicole L. Messier, 617-357-6349
Director, Global Communications
Nicole.Messier@altisource.com

Source: Altisource Portfolio Solutions, S.A.

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