twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map
Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.

Lenders One-Related Firm Acquired

Altisource acquires The Mortgage Partnership of America

Feb. 12, 2010

By staff

The company that manages the Lenders One Mortgage Cooperative has been acquired by a firm that was previously part of Ocwen Financial Corp.

In a statement today, Altisource Portfolio Solutions said it acquired The Mortgage Partnership of America. Senior management at Mortgage Partnership are included in the deal, which included cash and Altisource shares.

Mortgage Partnership is the manager of Lenders One.

Altisource, based in Luxembourg, was part of Ocwen until Aug. 10, 2009, when it was spun off. In addition to Luxembourg and the United States, it operates in India and Uruguay.

Lenders One is a cooperative of 155 independent mortgage bankers that reported more than $75 billion in collective originations last year.

Members of St. Louis-based Lenders One will benefit from Altisource's delivery model for mortgage services, the news release said.

"We are convinced that through the combination of Altisource and MPA, we will be able to offer an improved capital market and loan execution strategy adaptable by each member that will ultimately drive members' loan volumes, lower members' costs and make members' loans worth more," Altisource Chief Executive Officer William B. Shepro said in the announcement. "With the acquisition of MPA, we take a significant step in our evolution in becoming a full service provider in the mortgage services vertical."

Lenders One CEO Scott Stern added that the resources of Altisource will make Lenders One members more competitive.

"The acquisition reflects Altisource's commitment to invest in mortgage services that span the entire lifecycle of a loan," Altisource stated.

Lenders One news

next story

back to current headlines

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders