Altisource Public Stock Offering Will Pay Off Roughly $20M In Debt
Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt.
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Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt.
Debt-burdened company notified regulators in December of plans to raise up to $100 million through public stock offering.
Lenders One member opens the alliance's first mortgage branch in a New Jersey Walmart, with more openings slated for Florida, California, Ohio, South Carolina and Texas.
Site operator Altisource posts its first quarter of sequential revenue growth in nearly three years, according to an earnings call Thursday.
Alliance could help investors acquire and liquidate individual single-family rental properties, or entire portfolios, more efficiently.