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Luxembourg, October 8, 2019 - 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 it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
202 days on
371 Wellesley St
Weston, MA 02493
5 Beds
6 Baths
7,755 ft2
$2,695,000 Estimate:
Estimated Payment:$10,120/mo

Stunning brick front Colonial sited on a private cul-de-sac is the consummate family home for active modern living

Meticulously maintained with 1.5 acres of professionally landscaped grounds, this home boasts a prime location on a quiet, scenic cul-de-sac, and has excellent access to nearby Weston High & Middle Schools, commuter routes and shopping. Excellent circular flow for entertaining features 2 story foyer, formal living room with fireplace, banquets size dining room and custom library with built-ins. At the heart-of-the-home is an eat-in chefs kitchen with custom cabinets, granite counters, island, work station, sliders to private backyard, adjoining a stunning great room with 2 story stone fireplace,Second floor master has two walk-in closets, marble spa bath, four family bedrooms,family bath.Finished lower level offers a media room, custom wine cellar and exercise room.Walls of windows bring natural light into this stunning colonial, and allow for tranquil views of the ground

Property type
Single Family Home
Year built
4Off Street
Lot Size
64356 sqft
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My Home Features


Bedrooms: 5 | Room Types: Family Room - Fireplace, Family Room - Ceiling - Cathedral, Hardwood Floors in Family Room, Family Room - French Doors, Open Floor Plan - Family Room, Library | Basement: true, Full, Finished, Bulkhead, Radon Remediation System


# of Full Bathrooms: 4
# of Half Bathrooms: 2


Features: Decorative Lighting, Central Vacuum, Bar - Wet Bar, Living Room - Fireplace, Hardwood Floors in Living Room


Features: Patio, Gutters


Property Types: Single Family Home | Year Built: 1997 | Architecture: Colonial | Construction: Frame | Roof: Asphalt/Fiberglass Shingles | Siding: Clapboard, Brick | Foundation: Poured Concrete | Floors: Tile, Hardwood

Garage & Parking

Parking: Off Street, 4 | Garage: Attached, Garage Door Opener


Lot size: 1.48 acres | Lot size: 64356 sqft | Lot Features: Wooded, Level | Zoning: Sfr


County: Middlesex | Directions: Route 30 to Wellesley Street | MLS #: 72493166


Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Refrigerator - Wine Storage, Water Heater - Natural Gas, Water Heater - Tank

Heating & Cooling

Air Conditioning: Central Air | Heating: Steam or Hot Water Heating, Gas, Hydro Air | Fireplaces: 4

Utilities & Security

Utilities: #OTHER, Connection for Gas Range | Sewer Service: Private Sewerage | Water Source: Public Supply | Safety and Security: Security System


Elementary School: Weston Elem | Middle School: Weston MS | High School: Weston High Estimated Value

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Source: County(Public) Records

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Listing provided by: Kathryn Alphas Richlen 

Listing courtesy of: Coldwell Banker Residential Brokerage - Weston |  (781) 894-5555 

MLS Property Information Network

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Data provided by: MLS Property Information Network
Last detected update: September 06, 2019 11:05PM EST ~ Verified on November 15, 2019 06:19AM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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