Altisource Secures $15 Million in Annual Contracts for Lenders One Origination Solutions

Reuters
2025.12.16 16:04
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Altisource Portfolio Solutions SA has secured $15 million in annual contracts for its Lenders One Origination Solutions, including L1 Credit and L1 Verification services, with six U.S. mortgage lenders. Revenue is expected to ramp up by Q1 2026. The company added 12 members to the Lenders One Cooperative in Q3 2025, with 5 using its services. Altisource anticipates further adoption due to industry price increases in 2026.