Altisource Portfolio Solutions is adding short sale and deed-in-lieu of foreclosure services to its menu of mortgage portfolio, asset recovery and customer relationship management services. Altisource, based in Luxembourg, with US headquarters in suburban Georgia, said the addition of short sales and deed-in-lieu services comes in response to the Home Affordable Foreclosures Alternative (HAFA) program, a Treasury Department initiative that offers cash incentives to loan holders, borrowers and servicers that complete short sale and deed-in-lieu transactions instead of foreclosures.
New Altisource short sale service capitalizes on HAFA and provides opportunities for agents
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