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Aug 15, 2016

Altisource Rental Homes Receives A+ Rating From the Better Business Bureau

LUXEMBOURG -- (Marketwired) -- 08/15/16 -- Altisource® Rental Homes, a national renovation and property management business, today announced that it has met all of the applicable Better Business Bureau (BBB) standards and is now a BBB Accredited Business with an A+ BBB rating.

The BBB rating is based on 13 factors tied to customer satisfaction and is rated on a scale of A+ to F. According to the BBB, factors that led to the rating for Altisource Rental Homes included the length of time the business has been operating, complaint volume filed for a business of its size, response to complaints filed against the business and resolution of complaints filed against the business.

Altisource Rental Homes manages over 3,800 rental properties. It assists its clients with renovations and repairs to help bring properties up to market standards, attracting and retaining high-quality tenants at reasonable rental rates, and maintaining the day-to-day tenant relations and the properties. When tenants move out, Altisource Rental Homes renovates, markets and leases the properties to help maintain consistent rental cash flow for customers.

"Against our key competitors, Altisource Rental Homes stands out as the only business that is accredited and rated A+ by the Better Business Bureau," said Robert E. Kociecki, Senior Vice President of Altisource Rental Homes. "This acknowledgement showcases our high standards and the commitment to customer service and integrity we strive to provide."

About Altisource ® Rental Homes

Altisource Rental Homes provides renovation and property management services of single- and multi-family residential rental properties nationally. Its extensive coverage helps to simplify tenant and asset management -- pre-acquisition, renovation, marketing, maintenance, utility activation and payment, turnover services and even asset disposition. Altisource Rental Homes is a business unit of Altisource Portfolio Solutions. For more information, please visit altisourcerentals.com.

About Altisource ®

Altisource Portfolio Solutions S.A.(NASDAQ: ASPS) is a premier marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. Altisource's proprietary business processes, vendor and electronic payment management software and behavioral science-based analytics improve outcomes for marketplace participants. Additional information is available at altisource.com.

Investor Contact:
Michelle D. Esterman
Chief Financial Officer
+352 2469 7950
Michelle.Esterman@Altisource.lu

Press Contact:
Britt E. Gottlieb
Manager, Communications
617-728-6118
Britt.Gottlieb@altisource.com

Source: Altisource Portfolio Solutions, S.A.

News Provided by Acquire Media