Lenders One Reports Strong Sales Momentum in Origination Solutions
Rhea-AI Summary
Altisource Portfolio Solutions (NASDAQ: ASPS) reported sustained sales momentum in its Origination Solutions business on Dec 16, 2025, driven by demand for Lenders One Credit (L1 Credit) and Lenders One Verification (L1 Verification) services.
The company cited an estimated $15 million in annual closed-won contracts, commencement of services for six U.S. mortgage lenders (including one top lender), and an expanding late-stage pipeline of over 39 prospects. Revenue from new clients is expected to be fully ramped in Q1 2026. The company also added 12 members (9 net new) to the Lenders One Cooperative in Q3 2025, with five new members already using L1 services.
Positive
- Estimated $15 million in annual closed-won contracts
- Commenced services for 6 U.S. mortgage lenders, including one top lender
- Late-stage pipeline exceeding 39 prospects
- Added 12 members (9 net new) to Lenders One in Q3 2025
Negative
- Revenue from new clients not expected until fully ramped in Q1 2026
- Late-stage pipeline value remains unclosed and timing uncertain
News Market Reaction 1 Alert
On the day this news was published, ASPS gained 3.35%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus 1 Up
ASPS fell 4.86% while key peers were mixed: STHO -1.44%, AIRE -8.16%, OPAD -13.89%, CHCI +0.49%, FTHM -10.4%. Momentum scanner only flagged AIRE (up 6.2%), suggesting ASPS’s move was more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 28 | Resale registration | Neutral | -8.2% | Form S-3 filed to register resale of lender exchange shares. |
| Oct 23 | Q3 2025 earnings | Positive | +1.0% | Service revenue growth, lower interest expense, improved net loss and EBITDA. |
| Oct 20 | Earnings call setup | Neutral | +0.4% | Scheduled Q3 2025 conference call and webcast logistics. |
| Aug 18 | Platform expansion | Positive | +1.4% | Equator SaaS platform added four real estate and mortgage customers. |
| Jul 24 | Q2 2025 earnings | Positive | -4.6% | Double-digit service revenue growth and strong profit improvement vs. prior year. |
Recent earnings and operating updates often saw modestly positive or mixed reactions, while capital-structure and registration items drew more negative responses.
Over the last six months, Altisource reported improving financials and expanding platforms. Q2 2025 results showed higher service revenue and profitability, aided by a tax reserve reversal and a 1‑for‑8 share consolidation on May 28, 2025. Q3 2025 results on Oct 23 delivered higher revenue and sharply lower interest expense but still a $2.4M net loss. Operationally, the Equator business added four SaaS customers. On Oct 24, a Form S‑3 registered resale of lender‑held shares. Today’s Lenders One momentum update fits the ongoing theme of building recurring, contracted revenue streams.
Regulatory & Risk Context
An effective Form S-3 filed on Oct 24, 2025 registers for resale up to 7,224,028 existing common shares held by lenders, representing about 65.7% of outstanding stock as of Oct 17, 2025. Sales under this registration would be by selling stockholders, and Altisource would not receive any proceeds.
Market Pulse Summary
This announcement underscores growing momentum in Altisource’s Lenders One Origination Solutions, with an estimated $15 million in annual closed-won contracts, six new mortgage-lender clients, and over 39 late-stage prospects. The cooperative added 12 members in Q3 2025, with nearly half already using L1 services. In the background, a Form S‑3 registers 7,224,028 lender-held shares for resale. Investors may watch future updates on contract ramp in Q1 2026 and continued pipeline conversion.
Key Terms
home mortgage disclosure act (hmda) regulatory
AI-generated analysis. Not financial advice.
Estimated
LUXEMBOURG, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource®” or the “Company”) (NASDAQ: ASPS), a leading provider of real estate and mortgage solutions, today announced significant sales momentum in its Origination Solutions business, driven by strong demand for Lenders One® Credit (“L1 Credit”) and Lenders One® Verification (“L1 Verification”) services. The Company recently signed contracts with and commenced providing L1 Verification and L1 Credit services to six U.S. mortgage lenders (including one top lender*). The revenue from these new clients is anticipated to be fully ramped in the first quarter of 2026.
Highlights
- Added 12 total members and 9 net new members to the Lenders One Cooperative in Q3 2025. Notably, 5 of these 12 new members are already using L1 Credit and L1 Verification services.
- Expanding late-stage pipeline for L1 Credit and L1 Verification services across multiple lender and servicing clients.
- The 2026 industry price increases for the underlying credit data and related services are expected to drive increased adoption of L1 Credit and L1 Verification services from Lenders One members seeking to reduce the impact of these price changes.
“Lenders are navigating margin pressure and operational complexity, and they’re looking for service providers who can help them improve unit economics without sacrificing compliance or customer service,” said Justin Demola, CMB, President of Lenders One and Senior Vice President of Origination Solutions, Altisource. “Given our mission of helping members maximize revenue, reduce costs, and improve decision making, it is gratifying to see our member community recognize the value that Lenders One offers to their businesses”.
To learn more about the Lenders One Cooperative, visit LendersOne.com.
*Based on 2024 Home Mortgage Disclosure Act (HMDA) origination volume
About Altisource®
Altisource Portfolio Solutions S.A. 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 www.altisource.com.
About Lenders One Cooperative
Lenders One (LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, banks, credit unions and is dedicated to helping its members improve their profitability by reducing costs, maximizing revenue and sharing best practices. Lenders One members originated approximately
Forward-Looking Statements
This press release may contain forward-looking statements that reflect current expectations about future events and business performance. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause such differences are described in Altisource’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and neither Altisource nor its subsidiaries undertake any obligation to update them.
FOR FURTHER INFORMATION CONTACT:
| Investor Contact: | Altisource Press Contact: |
| Michelle D. Esterman | Edgard Negron |
| Chief Financial Officer | Vice President, Marketing |
| Altisource | Altisource |
| E: Michelle.Esterman@altisource.com | E: Edgard.Negron@altisource.com |
| Lenders One Press Contact: | |
| Justin Demola, CMB | |
| President, Lenders One | |
| 770-956-5809 | |
| Justin.Demola@lendersone.com |
FAQ
What is the size of Altisource's announced closed-won contracts for ASPS on Dec 16, 2025?
When will revenue from Altisource's new L1 Credit and L1 Verification clients for ASPS ramp?
How many lenders did Altisource begin serving with L1 services in the Dec 16, 2025 announcement?
What pipeline scale did Altisource report for its L1 Credit and L1 Verification services (ASPS)?
How many members did Lenders One add in Q3 2025 according to ASPS?
