AAMC News and Press, Altisource Asset Management Corp Com From 08/25/22

Altisource Asset Management ( NYSE: AAMC ) is in discussions with multiple investors for initial sales of its current portfolio, reflecting its capital-lite business model, the company said in an update Thursday. Shares of AAMC slid 2.6% in morning trading. In an e...

CHRISTIANSTED, U.S. Virgin Islands, Aug. 24, 2022 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Altisource Asset Management Corporation (NYSE American: AAMC), please note that the hyperlink for the Business Model Update in the first paragraph was inco...

CHRISTIANSTED, U.S. Virgin Islands, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announced today that it has updated its business model. The Business Model Update is available at www.a...

CHRISTIANSTED, U.S. Virgin Islands, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced that the NYSE American LLC (the “NYSE”) has accepted the Company’s r...

Altisource Asset Management press release ( NYSE: AAMC ): Q2 GAAP EPS of -$2.00. Revenue of $0.53M. As of June 30, 2022, AAMC’s cash position was $31.3 million, which is net of the $32.0 million at quarter end for loans held for investment at fair value. F...

CHRISTIANSTED, U.S. Virgin Islands, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the second quarter of 2022. Second Quarter 20...

CHRISTIANSTED, U.S. Virgin Islands, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (NYSE: AAMC) (the “Company”) announced today that it would hold a conference call on Thursday, August 11, 2022 at 8:30 a.m. EST to discuss the firm’s business p...

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. ...

CHRISTIANSTED, U.S. Virgin Islands, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation   (NYSE: AAMC) announced today that it entered into an agreement for a $50 million line of credit with Flagstar Bank FSB, a federal savings bank. “This line o...

Altisource Asset Management ( NYSE: AAMC ) has acquired 286,873 shares of its common stock from Putnam Focused Equity Fund at $10/share. "This is a unique opportunity for the company to purchase its common stock below its trading price, which we believe provides excellent ...