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home / news releases / AAMC - Altisource Asset Management launches $50M in line of credit

AAMC - Altisource Asset Management launches $50M in line of credit

Altisource Asset Management Corp Com
  • Altisource Asset Management ( NYSE: AAMC ) entered into an agreement for a $50M line of credit with Flagstar Bank FSB, a federal savings bank.
  • This line of credit gives the company access to capital to continue to grow and develop its alternative lending platform.
  • The step is in line with ongoing correspondent loan acquisitions and the launch of new origination platform from a office space in Tampa, Florida.

For further details see:

Altisource Asset Management launches $50M in line of credit
Stock Information
Company Name: Altisource Asset Management Corp Com
Stock Symbol: AAMC
Market: NYSE
Website: altisourceamc.com
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