ST. LOUIS, MO--(Marketwired - April 11, 2016) -
Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (
Mr. Kuentz has 18 years of sales and management experience in the mortgage industry. Mr. Kuentz was most recently at Equifax, Inc. (
Mr. Vedder joined Altisource in July 2015, through the acquisition of CastleLine where he served as the Executive Vice President of CastleLine Risk and Insurance Services. Mr. Vedder has more than 15 years of sales and management experience in the mortgage and insurance industries. Prior to joining CastleLine, Mr. Vedder was an Area Senior Vice President at Arthur J. Gallagher (
Mr. Kuentz and Mr. Vedder will report to Bryan Binder and Jason Garmise, who lead Altisource's Origination Solutions business unit, which includes Lenders One.
"Michael brings a deep expertise in sales, marketing and strategy and is extremely well regarded throughout the mortgage industry. In addition, Michael has strong relationships with many of the Lenders One members, preferred vendors and investors," said Bryan Binder. "In addition, this is a well-earned promotion for Justin. Jason and I have worked closely with Justin for more than three years and have the utmost confidence in his sales, management and strategic capabilities. These management additions demonstrate our continued investment in the origination solutions leadership team, and we believe that both will have an immediate impact on our clients."
About Lenders One® Mortgage Cooperative
Lenders One (www.LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services. Members of the platform originated $247 billion in mortgages in 2015; 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. (
Contact Information:
Investor Contact:
Michelle D. Esterman
Chief Financial Officer
+352 2469 7950
Michelle.Esterman@Altisource.lu
Press Contact:
Nicole L. Messier
Director, Global Communications
617-357-6349
Nicole.Messier@altisource.com