Altisource Residential (RESI) Declares $0.15 Special Dividend; 1.5% Yield

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Altisource Residential Corporation Appoints William P. Wall to its Board of Directors

February 29, 2016 7:32 AM EST

CHRISTIANSTED, U.S. Virgin Islands, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Altisource Residential Corporation ("Residential" or the Company) (NYSE: RESI) today announced that William P. Wall has been appointed to its Board of Directors, effective March 1, 2016, following James H. (Jim) Mullen, Jr.s decision to step down as a member of the Board.  Upon his appointment, Mr. Wall will serve as a member of the Boards Audit Committee, Compensation Committee and Nomination/Governance Committee.

Mr. Wall is an accomplished executive with substantial experience serving on the Board of Directors of several publicly listed and private... More