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Those now kicking it in their new beachside homes courtesy of buying into Altisource Asset...

Those now kicking it in their new beachside homes courtesy of buying into Altisource Asset Management (AAMC.OB) when it was spun off from ASPS late last year (it's up 20-fold since), might be interested in the potential spinoff of Solutionstar from Nationstar Mortgage (NSM). Management won't confirm it because they can't, says FBR's Paul Miller, but he has no doubt they're actively discussing it. ASPS is itself a spinoff - from Ocwen (OCN) in 2009, and up 500% since.
Comments (2)
  • Yup, take a look at AAMC, went from $15 to $290, based in the Virgin Islands. seems to be a servicer.
    17 May 2013, 07:52 AM Reply Like
  • Can someone explain why AAMC went up so quickly??
    30 May 2013, 12:33 PM Reply Like
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