ALTISOURCE ASSET

AAMC AMEX
11.70
-0.30
-2.53%
Closed 16:00 07/19 EDT
Open
11.69
Prev Close
12.00
High
12.37
Low
11.51
Volume
1.50K
Avg Vol (3M)
6.88K
52 Week High
73.50
52 Week Low
10.50
% Turnover
0.09%
Market Cap
18.59M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Altisource Asset Management Corporation provides asset management and corporate governance services to institutional investors. The Company's primary client is Altisource Residential Corporation (Residential). The Company operates through segment, which is focused on providing asset management and certain corporate governance services to Residential. Its business strategy is to provide asset management services to Residential to generate cash available for distribution to its shareholders and thereby growing its earnings, and develop additional investment strategies and vehicles. Residential is a public real estate investment trust (REIT) that acquires and manages single-family rental properties by acquiring sub-performing and non-performing mortgage loans throughout the United States. In addition to providing services to Residential, it also provides management services to NewSource Reinsurance Company Ltd., which is an insurance and reinsurance company.
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