SOURCE: Altisource Portfolio Solutions S.A.

Altisource Portfolio Solutions S.A.

September 19, 2016 09:00 ET

Altisource's Premium Title Announces Designation as ALTA Best Practices Certified by PYA

Highlights Premium Title's Commitment to Providing Customers With Superior Service

ATLANTA, GA--(Marketwired - September 19, 2016) - Premium Title™, a national provider of title and escrow services, announced today that it received the American Land Title Association ("ALTA") Best Practices Certification from Pershing Yoakley & Associates, P.C. ("PYA").

PYA conducted the assessment and determined Premium Title attained a "pass" rating for all seven pillars outlined in ALTA's Best Practices Framework: licensing, escrow accounting procedures, privacy and information security, settlement services, title policy production and delivery, professional liability insurance coverage and consumer complaints.

"Receiving the ALTA Best Practices Certification from PYA is a milestone for Premium Title," said James A. Weld, Senior Vice President, Title and Insurance Services at Altisource® and President of Premium Title. "The ALTA Best Practices Certification enables us to stay competitive in a compliant marketplace while showcasing to the industry and our customers our commitment to operating at the highest standards of business."

About Premium Title

Premium Title offers services that allow you to coordinate title insurance and escrow activities. Our customized solutions seamlessly integrate with your existing business processes and help you lower vendor costs, reduce title errors and reduce barriers to closing. Premium Title is part of the Altisource Portfolio Solutions S.A. family of businesses.

About PYA

For over three decades, PYA (Pershing Yoakley & Associates, P.C.), a national professional services firm providing management consulting and accounting, has helped its clients navigate and derive value amid complex challenges. In addition to serving the healthcare and financial institutions industries, PYA serves the title industry with a comprehensive list of offerings, including ALTA Best Practices implementation and assessment, strategic planning, mergers and acquisitions, tax compliance and regulatory compliance.

PYA's steadfast commitment to an unwavering client-centric culture has served the firm's clients well. PYA is ranked 91st by INSIDE Public Accounting's "Top 100" Largest Accounting Firms. PYA affiliate companies offer clients world-class data analytics, professional real estate development and advisory resources, comprehensive claims audits for self-insured Fortune 500 companies, wealth management and retirement plan administration, and business transitions consulting.

PYA assists clients in all 50 states from offices in Atlanta, Kansas City, Knoxville, Nashville and Tampa. For more information, please visit pyabestpractices.com or call us at 800-270-9629.

About Altisource®

Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is a premier marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. Altisource's proprietary business processes, vendor and electronic payment management software, and behavioral science-based analytics improve outcomes for marketplace participants. Additional information is available at altisource.com.

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