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.