AS SENIOR vice president of real estate services for Altisource, Min Alexander manages a $6 billion residential real estate portfolio of more than 50,000 assets annually and plays a core role in Altisource’s growth plans.
Alexander leads over 500 employees across business units in the U.S., Europe and Asia and oversaw the expansion of the Altisource national brokerage from 34 states in 2012 to 49 states plus Washington, D.C. in 2016.
As a critical member of the executive leadership team, Alexander helps to drive consumer and client experiences on Hubzu, Owners.com, Investability and Equator platforms.
She has also spearheaded a number of Altisource’s innovation programs. She developed and launched Altisource’s institutional short sale program for bank and servicer clients to increase non-foreclosure resolutions, improving outcomes for both borrowers and investors. The program has delivered impressive numbers; it increases the final sale price over an initial offer for 56% of all enrolled sales, resulting in an average increase of $20,000 in sales proceeds for the borrower and investor.
Alexander oversaw the development and launch of Altisource’s Asset Renovation Program for banks and servicer clients. She created a proprietary investment and returns model to optimize returns while decreasing costs with defined renovation levels, specific for the asset level condition and local market.
Lastly, she developed foreclosure auction and CWCOT second chance auction services on the Hubzu platform. These services assist servicers to decrease holding costs and financial risk by offering distressed properties through auction prior to REO status.