A

Altisource

Integrated real estate and mortgage services

National Sales Executive - Default Services

Full-Time
$30k - $230k+ Uncapped sales commission
Expert
Bachelor's
Remote in USA
Remote
Sales & Account ManagementAccount Executive

About the job

Requirements
  • Extensive default servicing and field services sales experience within the mortgage industry, including successful engagements with top-tier lenders, servicers, banks, investors, and capital markets participants.
  • At least 7 years of enterprise sales experience selling default-related services such as property preservation, renovation management, title services, trustee services, foreclosure services, REO asset management, auction solutions, CWCOT services, valuations, or related mortgage servicing offerings.
  • Demonstrated success generating new business and managing complex enterprise sales cycles with annual contract values exceeding $1 million and total annual sales production of $2 million or more in recurring revenue.
  • A proven track record of maintaining an established portfolio of mortgage servicing, banking, lending, investor, or REO clients that can be leveraged to create immediate business opportunities.
  • A strong network of executive and operational contacts across mortgage servicers, financial institutions, investors, GSEs, and asset management organizations.
  • Demonstrated success selling into key lender, bank, mortgage company, investor, and servicing organizations while consistently achieving or exceeding revenue targets.
  • Deep expertise in property preservation, renovations, title, trustee services, foreclosure operations, REO asset management, auction marketing, and CWCOT execution.
  • Business development and consultative selling skills to engage stakeholders from operational teams through executive leadership.
  • A strong understanding of default servicing processes, foreclosure workflows, investor requirements, regulatory considerations, and real estate disposition strategies.
  • A proven ability to develop executive relationships, negotiate complex contracts, and secure multi-service enterprise agreements.
  • Experience utilizing Salesforce CRM and modern sales enablement platforms to manage pipeline activity, forecasting, and account planning.
  • The ability to operate independently while collaborating effectively across business units.
  • A bachelor's degree is preferred, or an equivalent combination of experience and demonstrated sales success.
Responsibilities
  • Develop and execute a strategic sales plan to grow Altisource's Default Services portfolio, including property preservation, renovation and repair management, title and closing services, trustee services, asset management, auction services, and CWCOT (Claims Without Conveyance of Title) solutions.
  • Identify, prospect, and close new business opportunities with mortgage servicers, banks, credit unions, GSE servicers, investors, hedge funds, asset managers, and other institutional stakeholders.
  • Leverage existing industry relationships and create new executive-level partnerships to drive revenue growth across Altisource's suite of default servicing solutions.
  • Conduct extensive prospecting, cold calling, networking, and consultative sales activities to build and maintain a robust Salesforce pipeline.
  • Lead complex enterprise sales cycles with key decision-makers, including Default Servicing Executives, Asset Managers, Vendor Managers, Operations Leaders, Loss Mitigation Leaders, REO Executives, and Procurement Teams.
  • Present comprehensive, value-based solutions that improve asset performance, operational efficiency, regulatory compliance, foreclosure timelines, and recovery outcomes.
  • Drive opportunities across the full default lifecycle, from delinquency and foreclosure through REO disposition and CWCOT transactions.
  • Collaborate with operations, client success, implementation, and executive leadership teams to ensure seamless onboarding and delivery of sold services.
  • Attend and represent Altisource at industry conferences, mortgage servicing events, investor forums, and trade associations to build market awareness and generate qualified opportunities.
  • Partner with Marketing and Product teams to refine go-to-market strategies, develop compelling client-facing materials, and support thought leadership initiatives.
  • Maintain a thorough understanding of regulatory requirements, servicing trends, investor guidelines, and market conditions impacting default servicing clients.
Desired Qualifications
  • An existing book of business and relationships with top mortgage servicers, banks, investors, and asset owners.
  • A consistent history of generating $2 million or more in annual revenue through new client acquisition and expansion of existing enterprise accounts.
  • Established expertise across multiple default service lines, including property preservation, renovations, title, trustee services, REO asset management, auction sales, and CWCOT transactions.
  • Recognized industry presence through conference participation, speaking engagements, trade association involvement, or leadership within the mortgage servicing industry.

About the company

Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries. It combines operational services with a suite of products and technologies to support real estate and mortgage workflows, acting as both a service provider and a marketplace. The company differentiates itself by delivering end-to-end capabilities—combining hands-on operations with software tools—to help clients manage changing market demands. Its goal is to provide practical, scalable solutions that streamline processes in real estate and mortgage markets through a single integrated platform.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Luxembourg

Founded

2009

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Simplify's Take

What believers are saying

  • Q2 2026 service revenue rose 19% to $48.7 million, led by 62% origination growth.
  • Rick Seehausen joined Lenders One on February 13, 2026, accelerating membership growth and product adoption.
  • February 2026 Fair Housing litigation settled and dismissed, removing a costly overhang and enabling insurance recovery.

What critics are saying

  • Onity still drove 29% of Q2 2026 revenue; losing that account would crush 2027 results.
  • Rithm servicing transitions in 2026 reduce revenue and make Altisource more dependent on mortgage volumes.
  • Q2 2026 operating cash burned $6.6 million; persistent receivable growth can force another refinancing.

What makes Altisource unique

  • Lenders One reaches about $350 billion annual mortgage originations, giving Altisource distribution leverage.
  • February 20, 2025 debt exchange pushed maturities to April 2030 and cut annual interest about $18 million.
  • Q2 2026 service revenue from non-Onity, non-Rithm customers reached 65%, reducing legacy concentration.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Holidays
  • Wellness Program
  • Mental Health Support

Company News

Yahoo Finance
Jul 23rd, 2026
Altisource reports 19% revenue growth to $48.7M with origination segment surging 62% year-over-year

Altisource Portfolio Solutions reported service revenue of $48.7 million for Q2 2026, marking a 19% year-over-year increase and 8% quarter-over-quarter growth. The origination segment saw particularly strong performance with 62% year-over-year growth. The servicer and real estate segment generated $34.4 million in revenue, up 8% year-over-year, though adjusted EBITDA for this segment fell 2% to $11.7 million. The company used $6.6 million in net cash for operating activities, driven by increased receivables from revenue growth. Altisource ended the quarter with $23.2 million in unrestricted cash. The company repurchased $2 million of its term loan and has diversified its customer base, with 65% of service revenue now coming from customers other than Onity and Rithm.

Yahoo Finance
Apr 23rd, 2026
Altisource Q1 revenue up 10% to $45.1M as origination jumps 71%

Altisource Portfolio Solutions reported first-quarter service revenue of $45.1 million, up 10% year-over-year, driven by a 71% jump in its Origination segment to $13.7 million from sales wins in Lenders One. The Servicer and Real Estate segment declined 5% to $31.4 million due to a one-time 2025 pricing adjustment and lower renovation volume. Adjusted EBITDA fell $800,000 due to a revenue mix shift towards lower-margin origination business. However, GAAP pre-tax income improved to $400,000 from a $4.5 million loss the previous year, primarily due to lower interest expenses. Operating cash flow reached $4.5 million, with $30.3 million in unrestricted cash. Hubzu inventory more than tripled to approximately 18,800 assets, with $12.4 million in annualised stabilised service revenue secured this quarter.

Yahoo Finance
Mar 4th, 2026
Altisource Portfolio swings to $1.6M profit with $161.3M revenue despite Q4 loss

Altisource Portfolio Solutions reported a fourth-quarter loss of $7.2 million, or 66 cents per share. Adjusted earnings were 11 cents per share, whilst adjusted revenue reached $39.9 million. The Luxembourg-based real estate services firm swung to a full-year profit of $1.6 million, or 15 cents per share, with annual revenue of $161.3 million. Altisource shares have risen slightly over 2% year-to-date and are up 30% over the past 12 months.

HousingWire
Feb 13th, 2026
Altisource names Rick Seehausen president of Lenders One

Altisource names Rick Seehausen president of Lenders One. Seehausen will focus on expanding membership and tech adoption for the mortgage cooperative February 13, 2026, 12:05pm by Sarah Wolak Article Summary. Altisource appoints Rick Seehausen as president of Lenders One, overseeing strategy and operations for the mortgage cooperative. AI Summary Altisource Portfolio Solutions S.A., a provider of real estate and mortgage solutions, has appointed Rick Seehausen as president of its Lenders One Cooperative. Founded in 2000, Lenders One is a national alliance of independent mortgage banks, banks and credit unions. Its members collectively originated about $350 billion in mortgages in 2024, ranking it among the largest retail mortgage entities in the U.S., according to data from the company. The cooperative is managed by an Altisource subsidiary. In the role, Seehausen will oversee the strategic direction and day-to-day operations of Altisource's origination segment, including delivery of its direct origination solutions through the Lenders One brand. He will also work with executive leadership to support the company's long-term growth strategy. Seehausen's responsibilities include expanding Lenders One's membership, increasing adoption of its technology and services, and introducing new offerings designed to meet evolving lender needs, the company explained. "Rick is a highly respected leader with a deep understanding of the mortgage industry," Altisource CEO William B. Shepro said. "His experience makes him an excellent fit for Altisource, and I look forward to working closely with him as we shape the company's strategic direction and continue to scale our solutions across the origination and servicing markets." Seehausen brings more than 30 years of experience in mortgage banking, capital markets and corporate leadership. Most recently, he served as president, chief operating officer and vice chairman of Cherry Creek Mortgage. Before that, he was co-founder, president, CEO and vice chairman of LenderLive. "I'm honored to join Altisource at such an important time for both the industry and the company," Seehausen said. "Altisource and Lenders One have a strong foundation and a clear mission. I look forward to working closely with the Lenders One team and its members, as well as partnering with Altisource's leadership to expand the reach and impact of the Company's solutions across the mortgage industry."

Associated Press
Feb 13th, 2026
Altisource appoints Rick Seehausen as president of Lenders One mortgage cooperative

Altisource Portfolio Solutions has appointed Rick Seehausen as President of Lenders One, where he will lead the strategic direction and operations of Altisource's Origination segment. His focus will include strengthening Lenders One's value proposition, growing membership, increasing solution adoption, and launching new products for mortgage lenders. Seehausen brings over 30 years of experience in mortgage banking and capital markets. He most recently served as President, Chief Operating Officer, and Vice Chairman of Cherry Creek Mortgage, and previously co-founded LenderLive, where he held executive roles. Lenders One is a national alliance of independent mortgage bankers, banks, and credit unions. Its members originated approximately $350 billion of mortgages during 2024, collectively ranking as the largest retail mortgage entity in the US.