/C O R R E C T I O N -- Altisource Portfolio Solutions, S.A./
In the news release, Altisource Emails Directors of Front Yard Residential Supporting William Erbey's Call to Return Capital to Stockholders via an Orderly Liquidation, issued 13-Oct-2020 by Altisource Portfolio Solutions, S.A. over PR Newswire, we are advised by the company that the subheadline should read "Email supports a recent letter issued by William C. Erbey to Front Yard's Chair calling for the orderly liquidation of the Front Yard" rather than "Email supports a recent letter issued by Altisource William C. Erbey to Front Yard's Chair calling for the orderly liquidation of the Front Yard" as originally issued inadvertently. The complete, corrected release follows:
Altisource Emails Directors of Front Yard Residential Supporting William Erbey's Call to Return Capital to Stockholders via an Orderly Liquidation
Email supports a recent letter issued by William C. Erbey to Front Yard's Chair calling for the orderly liquidation of the Front Yard
LUXEMBOURG, Oct. 13, 2020 /PRNewswire/ -- Altisource Portfolio Solutions S.A. (NASDAQ: ASPS), an integrated service provider and marketplace for the real estate and mortgage industries, today emailed the open letter below to all directors of Front Yard Residential Corporation (NYSE: RESI) ("Front Yard" or the "Company"), a provider of affordable single family housing across America. Front Yard was established as an independent public company following its spin-off from Altisource Portfolio Solutions S.A. in December 2012.
Luxembourg October 13, 2020
Directors of Front Yard Residential Corporation:
Rochelle R. Dobbs, Chair of the Board
Leland Abrams, Director
George G. Ellison, Director and Chief Executive Officer
Michael A. Eruzione, Director
Leslie Fox, Director
Wade J. Henderson, Director
Lazar Nikolic, Director
George Whitfield McDowell, Director
Re: Letter from William C. Erbey calling for the liquidation of Front Yard Residential Corporation
Dear Directors:
I am writing on behalf of the Board of Directors of Altisource Portfolio Solutions S.A. ("Altisource"), a
Sincerely,
Altisource Portfolio Solutions, S.A.
__/s/ William B. Shepro________________
By: William B. Shepro
Chairman and Chief Executive Officer
About Altisource®
Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets we serve. Additional information is available at altisource.com.
Source: Altisource Portfolio Solutions S.A.
Investor Contact: Michelle D. Esterman Chief Financial Officer 770-612-7007 | Press Contact: Kevin Hosey Senior Manager, Marketing 770-612-7007 |
SOURCE Altisource Portfolio Solutions, S.A.