UPDATE: Altisource Asset Management (AAMC) Posts Q2 EPS of 27c
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Altisource Asset Management Corporation Reports Second Quarter 2015 Results
August 10, 2015 7:01 AM EDTCHRISTIANSTED, U.S. Virgin Islands, Aug. 10, 2015 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (AAMC or the Company) (NYSE MKT: AAMC) today announced financial and operating results for the second quarter of 2015.
Second Quarter 2015 Highlights:
Increased estimated taxable income for Altisource Residential Corporation (Residential) by 42% for the second quarter of 2015 compared to the second quarter of 2014. Facilitated Residentials declaration and payment of a $0.55 per share dividend. Negotiated Residentials agreement to purchase up to 1,325 single-family rental homes from Invitation Homes for an aggregate purchase price of $112.6... More