Altisource Asset Management Corp · OTC:AAMCF
Altisource Asset Management — Investor Presentation (March 2022)
15 slides from Altisource Asset Management's investor presentation, Mar 18, 2022
Slide 1: AAMC Investor Presentation
AAMC INVESTOR PRESENTATION TICKER: (AAMC) AAMC MARCH 18, 2022
Slide 2: Forward Looking Statements
AAMC Certain of the comments made in this presentation may contain forward-looking statements in relation to operations, financial condition and financial results of Altisource Asset Management Corporation (“AAMC”) and such statements involve a number of risks and uncertainties. Forward looking stat
Slide 3: Steps taken to move the Company forward
AAMC AAMC has taken the following steps to move the Company forward: • Created an Alternative Lending Group with an initial equity capital commitment of up to $40 million. ◦ $22 million in loans in the Alternative Lending Group are under contract through today’s date. • The hiring of Jason Kopcak as
Slide 4: AAMC: A Niche Provider of Innovative Financial Services
AAMC AAMC: 4 Underserved Clientele and Unbanked Individuals AAMC: A Niche Provider of Innovative Financial Services and Technologies to Underserved Markets Advanced ATM Technology Alternative Lending
Slide 5: Alternative Lending: leverage and management expertise
AAMC • Secure Lines of Credit to leverage the initial capital commitment of up to $40 million to create origination/purchase capacity of $100+ million. • Leverage upper management’s expertise in this space: Jason Kopcak (new President and COO) - brings 25+ years of experience including almost 13 yea
Slide 6: Alternative Lending returns generation
AAMC Returns will be generated from: • An origination team is expected to be in place within 60-90 days and shortly thereafter it is assumed that loan origination volume will exceed $50 million a month • Funding for the loans will come from both AAMC equity and future lines of credit with assumed le
Slide 7: Source and Type of Alternative Loans
AAMC Transitional Loans: bridge loans on single family and commercial real estate (small balance multi-family and/or mixed-use real estate); modernizing the property, etc. Ground-up Construction Loans: assist developers in projects to meet demand for the 4.5-5.0 million unit shortage(1) in the U.S.
Slide 8: Step 2: Crypto-Enabled ATMs
AAMC Secured Right of First Refusal on the deployment of any new crypto–enabled ATMs/Kiosks with technology company ForumPay and their proprietary software. This is a potential global opportunity with AAMC envisioning the benefit of ForumPay’s existing and anticipated international relationships Cer
Slide 9: Step 2: Crypto-Enabled ATMs agreement terms
AAMC Agreement includes: • Co-marketing efforts • Advanced technology that includes: ◦ Cash purchases of cryptocurrencies ◦ Cryptocurrency conversions to cash (in local currency) ◦ Capacity to fund remittances to third parties (in crypto or local currencies) • AAMC will be responsible for kiosk hard
Slide 10: Step 2: Crypto-Enabled ATMs advantages
AAMC Advantages: • Crypto ATMs have much higher fees than most regular ATMs(7) • ForumPay’s technology was beta tested in a single low- density population area in Slovenia, which generated more than $5,000 in fees in February 2022 • ForumPay’s initial Crypto ATM allows for customers to utilize most
Slide 11: Turn-key Crypto Kiosks
AAMC Step 2: Crypto- Enabled ATMS Turn-key Crypto Kiosks 11 • Manufacturer designed prototype of next Crypto ATM / Kiosk
Slide 12: Members of the Board
AAMC • Executive Director of the National Association of Neighborhoods • Served as a public policy catalyst, a community outreach strategist and resource person to the White House, Congressional, state and local government officials, corporations and neighborhood leaders • Holds a Bachelor of Arts d
Slide 13: Management Team
AAMC Management Team 13 Thomas McCarthy Interim CEO Jason Kopcak President / COO Kevin Sullivan General Counsel Stephen Krallman CFO Deborah Seymour Director of Finance Sarah Maynard Director of HR Varun Singhal Finsight EVP Ruben Camacho Director of IT
Slide 14: Appendix
Appendix Adtiauce AAMC
Slide 15: Source references
AAMC 1. Number of units reference from the article the Non-QM Outlook for 2022, date November 20, 2021 authored by the Content Solutions Team of Housingwire.com 2. Excerpted from Article issued by the Consumer Financial Protection Bureau, written by Tim Lambert, February 22, 2022 - (CPFB Initiative
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