FORT LAUDERDALE, Fla., March  02, 2026  (GLOBE NEWSWIRE) -- Lenders One® Cooperative (&#34;L1&#34; or &#34;Lenders One&#34;), a national mortgage cooperative of independent mortgage bankers, banks and credit unions, today announced

ASPS

Lenders One Unites Members and Providers at 2026 Summit, Welcomes New President

Lenders One Summit Highlights Membership Growth and Strategic Vision

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    <h3>Information</h3>
    <p>FORT LAUDERDALE, Fla., March  02, 2026  (GLOBE NEWSWIRE) -- Lenders One® Cooperative (&amp;#34;L1&amp;#34; or &amp;#34;Lenders One&amp;#34;), a national mortgage cooperative of independent mortgage bankers, banks and credit unions, today announced</p>
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    <h3>AI Summary</h3>
    <p>Lenders One Cooperative&#039;s Annual Summit underscores its growth with 35 new members. President Rick Seehausen&#039;s strategic vision focuses on capital market advantages, enhancing profitability for members, which could benefit Altisource Portfolio Solutions (ASPS) in the mortgage sector.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Lenders One Cooperative launches its 2026 Annual Summit in Fort Lauderdale.</li><li>The event signals strong membership growth with 35 new members within a year.</li><li>New President Rick Seehausen outlined a strategic vision for profitability improvements.</li><li>Focus on enhancing capital markets offerings and expanding value-added solutions.</li><li>Lenders One aims to empower members for sustainable growth in evolving markets.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Lenders One (N/A)</strong>: A cooperative managed by ASPS that is driving membership growth.</li><li><strong>Altisource Portfolio Solutions S.A. (ASPS)</strong>: Parent company of Lenders One, might benefit from membership expansion.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it discusses Lenders One&#039;s growth and strategic vision, which directly affects profitability within the mortgage ecosystem related to ASPS.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Lenders One&#039;s growing membership indicates improved service demand, potentially boosting ASPS revenue.</li><li>Rick Seehausen&#039;s leadership may drive operational efficiencies, benefiting ASPS performance.</li><li>Expansion of value-added solutions could increase ASPS&#039;s market competitiveness.</li><li>Renewed focus on profitability and cost-reduction strategies may enhance ASPS&#039;s margins.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Lenders One originated approximately $350 billion in mortgages in 2024.</li><li>35 new member companies joined Lenders One over the past year.</li><li>Rick Seehausen is the new President of Lenders One as of this summit.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>ASPS could see a positive impact from Lenders One&#039;s strategic initiatives in the near term.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">FORT LAUDERDALE, Fla., March  02, 2026  (GLOBE NEWSWIRE) -- Lenders One<sup>&#xAE;</sup> Cooperative ("L1" or "Lenders One"), a national mortgage cooperative of independent mortgage bankers, banks and credit unions, today announced the official launch of its 2026 Annual Summit in Fort Lauderdale. The three-day event draws a strong turnout of members and preferred providers in support of the Cooperative's continued growth and mission: helping its members improve their profitability by reducing costs, maximizing revenue, and sharing best practices.</p>  <p align="justify">The Annual Summit serves as Lenders One's flagship event, bringing together executive leadership from across the mortgage ecosystem to connect, share insights, and strengthen relationships that drive competitive advantage for members. Over the past 12 months, 35 new member companies have joined Lenders One, underscoring the continued strength of the Cooperative. This year's Summit marks the first under the leadership of newly appointed President, Rick Seehausen.</p>  <p align="justify">"This Summit is especially meaningful to me as my first as President of Lenders One," said Mr. Seehausen. "The strength of this Cooperative has always been rooted in leveraged connections, shared best practices, and the alignment of interests across our network. I am incredibly excited to be here in Fort Lauderdale, meeting so many of our valued members and providers face-to-face."</p>  <p align="justify">In his keynote address, Mr. Seehausen outlined a strategic vision focused on accelerating membership growth, reinforcing the Cooperative's execution-driven capital markets advantage, and expanding value-added solutions that help deliver measurable profitability improvements for members.</p>  <p align="justify">"We are recommitting to the foundation upon which Lenders One was built, providing members with an execution-driven capital markets advantage," Mr. Seehausen continued. "By growing our membership base, enhancing our capital markets offerings and delivering innovative, value-added solutions, we will help our members improve profitability, expand market access and operate more efficiently in evolving market environments."</p>  <p align="justify">Throughout the Summit, attendees are participating in educational sessions, peer group roundtables and strategic provider meetings designed to deepen connections and unlock new opportunities across origination, capital markets, and operational services.</p>  <p align="justify">As market conditions continue to evolve, Lenders One remains focused on empowering its members with scale, buying power, and strategic relationships that help drive sustainable growth.</p>  <p align="justify"><strong>About Lenders One Cooperative</strong></p>  <p align="justify">Lenders One (LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, banks, credit unions and is 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:<a class="ticker" href="https://www.benzinga.com/quote/ASPS">ASPS</a>).</p>  <p align="justify"><strong>About Altisource</strong><sup><strong>&#xAE;</strong></sup></p>  <p align="justify">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 altisource.com.</p>  <p><strong>FOR FURTHER INFORMATION, CONTACT: </strong></p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td style="max-width:40%; width:40%; min-width:40%;;vertical-align: top ; "><strong>Investor Contact:</strong><br></br>Michelle D. Esterman<br></br>Chief Financial Officer<br></br>770-612-7007<br></br><a href="mailto:Michelle.Esterman@altisource.com" rel="nofollow" target="_blank">Michelle.Esterman@altisource.com</a></td><td style="max-width:60%; width:60%; min-width:60%;;vertical-align: middle;   text-align: left;   padding-left: 15.0px; vertical-align: top ; "><strong>Lenders One Press Contact:</strong><br></br>Krista K. Sabol<br></br>Director of Marketing<br></br>540-533-0991<br></br><a href="mailto:krista.sabol@lendersone.com" rel="nofollow" target="_blank">Krista.Sabol@lendersone.com</a></td></tr></table> <p><br></br></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY2MzkwNSM3NDYyMzQ2IzIwMDE3MTQ="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NTNmNzJkZWEtNGNiZC00MjhjLWIyNmYtMTVhMjMwYWJjYzRlLTEwMTMyODctMjAyNi0wMy0wMi1lbg==/tiny/Altisource-Portfolio-Solutions.png" referrerpolicy="no-referrer-when-downgrade"></img>

Lenders One Cooperative's Annual Summit underscores its growth with 35 new members. President Rick Seehausen's strategic vision focuses on capital market advantages, enhancing profitability for members, which could benefit Altisource Portfolio Solutions (ASPS) in the mortgage sector.

Lenders One Unites Members and Providers at 2026 Summit, Welcomes New President

AI Summary

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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