Altisource Asset Management (AAMC) Reports Q2 Loss of $2.00
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Altisource Asset Management Corporation Reports Second Quarter 2022 Results
August 11, 2022 8:00 AM EDTCHRISTIANSTED, U.S. Virgin Islands, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (AAMC or the Company) (NYSE American: AAMC) today announced financial and operating results for the second quarter of 2022.
Second Quarter 2022 Highlights and Recent Developments
The Company has purchased more than $40 million in loans held for investment and has earned $0.5 million from loan interest during the second quarter of 2022.As of June 30, 2022, AAMCs cash position was $31.3 million, which is net of the... More