Altisource Asset Management Corp · OTC:AAMCF
Altisource Asset Management — Q3 2022 Earnings Presentation
9 slides from Altisource Asset Management's earnings presentation, Nov 2, 2022
Slide 1: Altisource Asset Management Corporation Investor Presentation
Altisource Asset Management Corporation INVESTOR PRESENTATION NOVEMBER 2, 2022 TICKER: (AAMC) AAMC AAMC © Altisource Asset Management Corporation 2022 TICKER: (AAMC)
Slide 2: Forward Looking Statements
Forward Looking Statements Certain 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. Forwa
Slide 3: Agenda
Agenda Update - The Business We’re Building • What We Have Accomplished • Current Market Conditions • Where We Are Headed Q&A AAMC AAMC © Altisource Asset Management Corporation 2022 TICKER: (AAMC) 3
Slide 4: Update - The Business We're Building
Update - The Business We’re Building AAMC AAMC © Altisource Asset Management Corporation 2022 TICKER: (AAMC) 4
Slide 5: What We Have Accomplished - 1/2
What We Have Accomplished - 1/2 1 Through September 30, 2022 • Produced over $123 million in loan commitments through both acquisitions and originations. • More than 90% of commitments have a term of one year or less • Despite 225 bp increase by the Federal Reserve in the last five months, our curre
Slide 6: What We Have Accomplished – 2/2
What We Have Accomplished – 2/2 Other Significant events • Headquarters for sales was opened in Tampa, Florida in July 2022. • Entered into a $50 million warehouse line with Flagstar Bank, FSB in August 2022. • Bought back approximately 287,000 common shares from Putnam for $2.87 million • Prevailed
Slide 7: Current Market Conditions
Current Market Conditions • Despite the material rise in the interest rates over the past year, we are still seeing strong demand for housing that we believe is due from both the continued housing shortage in the United States as well as the modernization of the existing housing stock in the US. • W
Slide 8: Where We Are Headed
Where We Are Headed We are creating alternative credit through two main areas: direct originations to real estate developers and investors and wholesale originations. • We do not plan on being an aggregator; however, the current volatility in the fixed income market has delayed our forward flow init
Slide 9: Altisource Asset Management Corporation Q&A
Altisource Asset Management Corporation Q&A AAMC AAMC © Altisource Asset Management Corporation 2022 TICKER: (AAMC) 9
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