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Altisource Residential (RESI) had exactly zero questioners on its earnings call this week...

Altisource Residential (RESI) had exactly zero questioners on its earnings call this week despite gaining 26% since its late-2012 IPO, but check out the transcript and presentation for a window into how Bill Erbey and his team are working (to the great profit of shareholders) the single-family rental boom. Residential sits in the middle of a web topped by Altisource Asset Management (AAMC.OB), and including Ocwen (OCN) - which provides its non-performing loan expertise - and Altisource Portfolio Solutions (ASPS) which takes care of property management.
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  • haruglory12
    , contributor
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    Adding to the web SA: Bill Erbey is also the founder and Chairman of the Board of Home Loan Servicing Solutions (HLSS). HLSS has acquired and plans to further acquire Subprime and Alt-A mortgage servicing assets from Ocwen (OCN). Pays a large dividend of ~ 7.0%.
    11 May 2013, 04:18 PM Reply Like
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