LUXEMBOURG, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource®” or ...


LUXEMBOURG, Feb.  13, 2026  (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource®” or the “Company”) (NASDAQ: ASPS), a leading provider of real estate and mortgage solutions, today announced the appointment of Rick Seehausen as President of Lenders One®.  In this role, Mr. Seehausen will lead the strategic direction and day-to-day operations of Altisource’s Origination segment, including the delivery of Altisource’s direct origination solutions through the Lenders One brand, alongside a growing ecosystem of integrated solutions. This model is designed to provide Lenders One members with a single, trusted access point to technology, services, and strategic providers that help improve members’ competitiveness. Mr. Seehausen will also work closely with Altisource’s executive leadership to support the Company’s strategic direction and long-term growth.  His focus will include strengthening Lenders One’s value proposition for its members, growing Lenders One membership, increasing adoption of solutions, and launching new solutions that address the evolving needs of mortgage lenders.  Mr. Seehausen brings more than three decades of experience in mortgage banking, capital markets, and corporate leadership. Throughout his career, he has held senior executive roles across the mortgage industry, where he has been recognized for building high-performing teams, driving operational discipline, and fostering strong, collaborative relationships with lenders and industry partners. Most recently, Mr. Seehausen served as President, Chief Operating Officer, and Vice Chairman of Cherry Creek Mortgage. Prior to that, he served as co-founder, President, Chief Executive Officer, and Vice Chairman of LenderLive.  “Rick is a highly respected leader with a deep understanding of the mortgage industry,” said William B. Shepro, Chief Executive Officer of Altisource. “His experience makes him an excellent fit for Altisource, and I look forward to working closely with him as we shape the Company’s strategic direction and continue to scale our solutions across the origination and servicing markets.”  “I’m honored to join Altisource at such an important time for both the industry and the Company,” said Mr. Seehausen, President, Lenders One. “Altisource and Lenders One have a strong foundation and a clear mission. I look forward to working closely with the Lenders One team and its members, as well as partnering with Altisource’s leadership to expand the reach and impact of the Company’s solutions across the mortgage industry.”  About Altisource®  Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets it serves. Additional information is available at www.altisource.com.  About Lenders One Cooperative  Lenders One (LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, banks, and credit unions dedicated to helping its members improve profitability by reducing costs, maximizing revenue, and sharing best practices. Lenders One members originated approximately $350 billion of mortgages during 2024, collectively ranking as the largest retail mortgage entity in the U.S. Lenders One is managed by a subsidiary of Altisource Portfolio Solutions S.A. (NASDAQ: ASPS).  FOR FURTHER INFORMATION CONTACT: Investor Contact:Altisource Press Contact:Michelle D. EstermanEdgard NegronChief Financial OfficerVice President, MarketingAltisourceAltisourceE: Michelle.Esterman@altisource.comE: Edgard.Negron@altisource.com   
            

ASPS

Altisource Names Rick Seehausen President of Lenders One

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>LUXEMBOURG, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource®” or ...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Altisource Portfolio Solutions has appointed Rick Seehausen as President of Lenders One, focusing on enhancing its value for members and expanding its offerings. His extensive experience in the mortgage industry positions him well to drive strategic growth and operational success for Altisource, likely boosting investor confidence.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Rick Seehausen appointed as President of Lenders One at Altisource.</li><li>His focus includes enhancing Lenders One’s value and membership growth.</li><li>Lenders One originated approximately $350 billion of mortgages in 2024.</li><li>Altisource aims to expand offerings in the mortgage solutions market.</li><li>Seehausen&#039;s experience is vital for strategic direction and operational excellence.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Altisource Portfolio Solutions S.A. (ASPS)</strong>: Focus on expanding mortgage solutions under new leadership may enhance growth.</li><li><strong>Cherry Creek Mortgage (N/A)</strong>: Prior experience of Seehausen may benefit ASPS through strategic insights.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; due to leadership changes that could drive strategic direction. New leadership often invigorates a company’s strategic goals and operational execution, impacting investor sentiment and performance prospects.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Appointment of Rick Seehausen may lead to improved strategic positioning.</li><li>Increased membership in Lenders One could drive revenue growth.</li><li>Expansion of mortgage solutions may enhance competitive advantage.</li><li>$350 billion mortgage origination indicates a strong market presence.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Rick Seehausen appointed President of Lenders One on February 13, 2026.</li><li>Lenders One is a major player in the U.S. mortgage market.</li><li>Lenders One members originated $350 billion in mortgages during 2024.</li><li>Altisource provides real estate and mortgage solutions.</li><li>Seehausen has over three decades of experience in the mortgage industry.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Invest in ASPS for potential growth driven by leadership changes and strategic initiatives.</p>
  </section>
</section>


<article>
    <h2>Altisource Appoints Rick Seehausen as President of Lenders One</h2>
    <p>LUXEMBOURG, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource®” or the “Company”) (NASDAQ: ASPS) has officially announced the appointment of <strong>Rick Seehausen</strong> as President of Lenders One®. In this new role, Seehausen will oversee the strategic direction and daily operations of Altisource's Origination segment, enhancing the delivery of direct origination solutions via the Lenders One brand.</p>

    <section>
        <h3>Strategic Leadership and Growth Initiatives</h3>
        <p>Rick Seehausen's primary focus will be on:</p>
        <ul>
            <li>Strengthening the value proposition for Lenders One members</li>
            <li>Expanding Lenders One membership</li>
            <li>Increasing the adoption of innovative solutions</li>
            <li>Launching new services to meet the changing needs of mortgage lenders</li>
        </ul>
        <p>His efforts are aimed at providing Lenders One members with a comprehensive access point for technology and strategic partnerships, ultimately improving their competitive edge in the marketplace.</p>
    </section>

    <section>
        <h3>Rick Seehausen's Experience</h3>
        <p>With over three decades of experience in the mortgage banking and capital markets sectors, Seehausen has held various senior executive positions within the industry. His previous roles include President, Chief Operating Officer, and Vice Chairman at Cherry Creek Mortgage, as well as co-founder and leader at LenderLive.</p>
        <p>His extensive experience is noted for building high-performing teams and fostering collaboration, which will be invaluable as he leads Lenders One.</p>
    </section>

    <section>
        <h3>Statements from Leadership</h3>
        <p>William B. Shepro, CEO of Altisource, expressed enthusiasm about Seehausen's appointment, stating, <em>“Rick is a highly respected leader with a deep understanding of the mortgage industry. His experience makes him an excellent fit for Altisource, and I look forward to working closely with him.”</em> This sentiment reflects the importance of leadership in navigating the future of mortgage solutions.</p>
        <p>Upon his appointment, Seehausen remarked, <em>“I’m honored to join Altisource at such an important time for both the industry and the Company. I look forward to working closely with the Lenders One team and its members.”</em> His commitment is evident as he aims to drive the growth and impact of Altisource’s offerings.</p>
    </section>

    <section>
        <h3>About Altisource and Lenders One</h3>
        <p>Altisource Portfolio Solutions S.A. operates as an integrated service provider within the real estate and mortgage industry, leveraging a blend of operational excellence and innovative technologies. More information can be found on their official site at <a href="http://www.altisource.com">www.altisource.com</a>.</p>
        <p>Lenders One, founded in 2000, is a national alliance comprising independent mortgage bankers, banks, and credit unions. It aims to help its members enhance profitability through cost reduction, revenue maximization, and best practice sharing. In 2024, Lenders One members originated approximately <strong>$350 billion</strong> in mortgages, establishing them as the largest retail mortgage entity in the U.S. Lenders One operates under a subsidiary of Altisource Portfolio Solutions S.A. (NASDAQ: ASPS).</p>
    </section>

    <section>
        <h3>Contact Information</h3>
        <p>For further information, please contact:</p>
        <ul>
            <li><strong>Investor Contact:</strong> Michelle D. Esterman, Chief Financial Officer, Altisource (Email: <a href="mailto:Michelle.Esterman@altisource.com">Michelle.Esterman@altisource.com</a>)</li>
            <li><strong>Press Contact:</strong> Edgard Negron, Vice President, Marketing, Altisource (Email: <a href="mailto:Edgard.Negron@altisource.com">Edgard.Negron@altisource.com</a>)</li>
        </ul>
    </section>
</article>

Altisource Portfolio Solutions has appointed Rick Seehausen as President of Lenders One, focusing on enhancing its value for members and expanding its offerings. His extensive experience in the mortgage industry positions him well to drive strategic growth and operational success for Altisource, likely boosting investor confidence.

Altisource Names Rick Seehausen President of Lenders One

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News