Altisource Portfolio Solutions
Mar 6, 2017

Lenders One Celebrates New Members, Investors, Providers and Products at its Annual Winter Conference

Over four days, Lenders One members engage with industry experts, share best practices and discover new ways to profitably grow their businesses

ORLANDO, FL -- (Marketwired) -- 03/06/17 -- The Lenders One® Cooperative, a national alliance of independent mortgage bankers, today announced several significant strategic developments at its annual Winter Conference in Orlando, Florida.

Already the nation's largest mortgage cooperative, Lenders One welcomed the addition of 15 new members over the last quarter and expanded its network of preferred investors and vendors. Lenders One also launched Engagement Returns, a groundbreaking benefit program designed exclusively for its members and preferred providers. Lastly, members and investors of Lenders One collectively commenced trading on noteXchange, an intuitive mortgage trading platform that helps drive efficiency for mortgage bankers and investors. In coordination with members and investors, Lenders One developed the platform with the goal of making the loan trading process more simple, transparent and secure. Additional information can be found at notexchange.com.

"Lenders One is dedicated to delivering unparalleled value to our members by continuing to grow our industry-leading provider and investor networks and developing innovative technology to help our members stay ahead in the ever-changing mortgage industry," said Bryan Binder, chief executive officer of Lenders One. "We are excited to celebrate all of the recent achievements with our members this week in Orlando, especially the rollouts of Engagement Returns and noteXchange."

Two new notable preferred secondary providers on the Lenders One platform are:

Two new notable preferred national program providers on the Lenders One platform include:

About Lenders One ® Cooperative
Lenders One (LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services. Participants on the Lenders One platform originated approximately $300 billion of mortgages during 2016, collectively ranking as one of the largest retail mortgage origination entities in the U.S. Lenders One is managed by a subsidiary of Altisource Portfolio Solutions, S.A.

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