Hubzu Expands Collaboration with NCST (National Community Stabilization Trust) to Increase Access to Affordable Housing
LUXEMBOURG, Nov. 30, 2023 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ:ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that Hubzu, Altisource’s industry leading online auction marketplace, has expanded its collaboration with NCST (National Community Stabilization Trust), a national nonprofit housing organization, to bolster the supply of affordable, single-family homes. This strategic collaboration will offer Hubzu homes that are available for sale under the Federal Housing Administration (FHA) Claims Without Conveyance of Title (CWCOT) second chance program to NCST and their dedicated community of buyers, fortifying neighborhood stability, fostering community wealth, and promoting racial equity.