Altisource Launches Wholesale Cooperative

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Altisource has launched a new cooperative platform for the wholesale mortgage industry.

The new site, known as Wholesale One, is designed to help mortgage brokers and wholesale lenders manage customer relationships and third-party transactions.

“The cooperative model is a proven structure for supporting efficient business practices,” said Joseph Davila, president of Altisource’s mortgage services division, in a press release Thursday.

Altisource is a mortgage technology company based in Luxembourg. The company also owns Lenders One, a cooperative for independent mortgage bankers.

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