Altisource Buys Owners.com

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Altisource Portfolio Solutions, a mortgage technology company in Luxembourg, has acquired Owners.com, an online property listings service in San Francisco, for $20 million.

The deal allows Altisource to expand the services offered by Hubzu.com, its online real estate marketplace.

“It allows us to combine the expertise we offer the online home auction industry through Hubzu with an innovative residential sales model to create a unique, best-in-class real estate e-commerce engine,” said William Shepro, chief executive officer at Altisource, in a press release Monday.

News of the deal comes just two months after Altisource closed on its acquisition of Mortgage Builder, a loan origination software firm in Southfield, Mich.

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