AMEX · AAMC
Financial Services · Asset Management
$1.25
Down-$0.06 (-4.59%)
Updated Aug 13, 2026, 11:07 PM
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Altisource Asset Management Corporation is an alternative lending company that provides liquidity and capital to under-served market and portfolio management and corporate governance services to institutional investors in the United States. The company offers its services under an asset management agreement to Altisource Residential Corporation, which acquires and manages single-family rental properties for working class families. It also provides management services to NewSource Reinsurance Company Ltd. Altisource Asset Management Corporation was founded in 2012 and is headquartered in Christiansted, Virgin Islands with the additional in United States and India.
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GlobeNewswire Inc. · Dec 5, 2022
CHRISTIANSTED, U.S. Virgin Islands, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (NYSE: AAMC) announced today that it has entered into an agreement for a $50 million line of credit with NexBank.
GlobeNewswire Inc. · Oct 31, 2022
CHRISTIANSTED, U.S. Virgin Islands, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today filed a complaint in the Superior Court of the U.S. Virgin Islands, Division of St. Croix, against former AAMC board member Nathaniel Redleaf, who improperly disclosed confidential information of the firm to financially benefit himself and his current employer, New York-based hedge fund Luxor Capital Group (Luxor).
GlobeNewswire Inc. · Oct 26, 2022
CHRISTIANSTED, U.S. Virgin Islands, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announced today that it will hold an investor call on November 2, 2022 at 9:30 a.m. EST to discuss its 2022 third quarter results. Please submit any questions in advance of the call to [email protected] prior to 4:00 p.m. EST, Tuesday, November 1, 2022.
GlobeNewswire Inc. · Sep 20, 2022
CHRISTIANSTED, U.S. Virgin Islands, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (NYSE: AAMC) announced today that it has recognized approximately $1.1 million of total revenue in the first two months of the third quarter 2022. This is more than double the total revenue reported for the 2022 second quarter. This increase was driven primarily by the growth in our residential transitional (‘private credit”) loan portfolio to approximately $99 million at the end of August 2022. If the Company does not sell any loans prior to September 30, 2022, the Company estimates it will recognize approximately $1.8 million in total revenue for the third quarter of 2022.
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