In the origination space, Altisource furnishes Trelix, the company’s full suite of mortgage fulfillment offerings, which delivers loan processing, underwriting, quality control, due diligence, closing, and certification services. “As the fluctuating environment of loan origination makes it difficult to retain underwriting staff, using a provider like Altisource and a product like Trelix allows customers to switch easily from a fixed cost to a variable cost model,” informs Vella.
We aim to advance our clients through their journey of growth, cost management, and increased profits
Altisource keeps pace with the changing marketplace and caters to several customers including servicers, originators, and government agencies. The company uses its wide variety of integrated products in offering asset management services to the marketplace. Altisource combines its title, field services, brokerage, property valuations and online auction products with the Equator technology platform to uniquely position itself as a true end-to-end vendor.
Founded in 2009 to provide simple, efficient, and cost-effective mortgage solutions to its customers, Altisource began by aiding servicers with managing delinquent loans and distressed real estate functions for their clients. Over time, the company expanded through organic growth and acquisitions and started servicing the consumer real estate and origination sectors. In addition to its end-to-end solutions for origination and servicing, Altisource offers online real estate platforms for consumers and investors, works as an aggregator of data, and aids clients in utilizing this data to make effective decisions. The company is built on a backbone of compliance and vendor management, while providing the market with workflow and integration capabilities.
Over the past decade, Altisource customers have used its products and services to lower costs as well as improve client satisfaction and the quality of its product as a whole. “Ultimately, we aim to advance our clients through their journey of growth, cost management, and increased profits,” concludes Vella.