Altisource Portfolio Solutions S.a. · NASDAQ:ASPS
Altisource Portfolio Solutions — Investor Presentation (March 2013)
17 slides from Altisource Portfolio Solutions's investor presentation, Mar 13, 2013
Slide 1: Altisource Today
Altisource’ Altisource Today March 2013 Thinking Ahead. Delivering Today:
Slide 2: Forward-looking Statements
This presentation contains forward-looking statements. These statements may be identified by words such as “anticipate,” “intend,” “expect,” “may,” “could,” “should,” “would,” “plan,” “estimate,” “seek,” “believe” and similar expressions. We caution that forward-looking statements are qualified to c
Slide 3: Altisource Corporate Overview
SERVING: Mortgage, Real Estate, Utility, Insurance, Credit Card, Automotive, Telecom Altisource Corporate Overview Altisource is a global provider of services focused on high-value, technology-enabled, knowledge-based solutions principally related to real estate and mortgage portfolio management, as
Slide 4: Key Takeaways
Impressive historical financial results Strong revenue growth visibility Attractive growth opportunities Key Takeaways
Slide 5: Historical Performance
Historical Performance Notes: The sum of the quarterly information on slide 5 may not equal the annual amounts on this slide due to rounding 2008 revenue presented above is total revenue, as we did not separate revenue between service revenue and revenue from reimbursable expenses prior to 2009
Slide 6: Homeward Residential and ResCap portfolios
Homeward Residential and ResCap portfolios Estimated 12-31-12 Loan Count Percentage Delinquent2 Homeward Residential and Residential Capital 2.1 million 13 - 18% Private label securities1 0.9 million 27 - 32% Agency3 1.2 million 5 - 10% Notes: 1. An estimated 8 – 10% of private label securities are
Slide 7: Default Related Service Revenue per Delinquent Loan Serviced by Ocwen
Default Related Service Revenue per Delinquent Loan Serviced by Ocwen – Mortgage Services Non – GSE Loans GSE Loans Notes: Service Revenue per loan is measured for the quarter Average number of delinquent loans serviced for Q4’12 excludes loans from the December 27, 2012 acquisition of Homeward Resi
Slide 8: Service Revenue Per Loan Serviced by Ocwen
Service Revenue Per Loan Serviced by Ocwen Notes: Service Revenue per loan is measured for the quarter Average loans serviced for Q4’12 excludes loans from the December 27, 2012 acquisition of Homeward Residential; average loans serviced for Q4’12 is provisional and subject to change Provisional loa
Slide 9: Delinquent Loan Activity
Delinquent Loan Activity Number of Delinquent Loans and REO (in millions) The number of delinquent loans, loans in foreclosure and REO has remained relatively flat. There is, however, considerable movement within the population with new defaults and resolutions occurring each month U.S. Loans Past D
Slide 10: Proven track record of incubating, launching and expanding services
Proven track record of incubating, launching and expanding services offered drives new growth initiatives Pre-Spin Services Default Valuation Uninsured Title Searches Contract Underwriting Services Launched in 2009 REO Asset Management and Brokerage Property Preservation Property Inspection Default
Slide 11: Originations
Includes agreements where Altisource is retained either directly or as a reseller to provide origination related services; not all customers with a signed services agreement are currently purchasing services (2) Information is as of the last day of the year Estimated 2012 U.S. residential mortgage o
Slide 12: Residential Asset Business Growth Strategy
Growth Initiative – Residential Asset Business Growth Strategy Today Internal capabilities and processes developed Property management Lease management Renovation management Capitalization and separation of new companies completed Altisource Asset Management (“AAMC”) Altisource Residential (“RESI”)
Slide 13: Residential Asset Business
Growth Initiative – Residential Asset Business Altisource revenue streams: Initial revenue: approximately $1,625 in revenue for each home acquired by RESI that requires rehabilitation Recurring revenue: approximately $1,275 per home per year once homes are part of RESI’s rental portfolio Altisource
Slide 14: Originations
Includes agreements where Altisource is retained either directly or as a reseller to provide origination related services; not all customers with a signed services agreement are currently purchasing services (2) Information is as of the last day of the year Estimated 2012 U.S. residential mortgage o
Slide 15: Hubzu Strategy Today
Growth Initiative – Hubzu™ Strategy Today Online real estate transaction website – www.hubzu.com - is focused on driving a high volume of relevant traffic to each home to accelerate the sales cycle at the optimal sales price 285 thousand+ registered users 6.3 million+ detailed property views per mon
Slide 16: Financial Services Segment Strategy
Growth Initiative – Financial Services Segment Strategy 2013: Revenue Growth Grow more stable and profitable lines of business Expand charge-off mortgage collection practice Expand customer solutions operations Grow current customers 2014+: Revenue Growth Deploy platform business process outsourcing
Slide 17: About Altisource
About Altisource We are a global provider of services focused on high-value, technology-enabled, knowledge-based solutions principally related to real estate and mortgage portfolio management, asset recovery and customer relationship management. Contact Information All Investor Relations inquiries s
Altisource Portfolio Solutions — Investor Presentation (March 2013) on 6ix