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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
1220 Mackinaw Dr
Wake Forest, NC 27587
5 Beds
5 Baths
3,690 ft2
$648,500 Estimate:
Estimated Payment:$2,435/mo
HOA:$100, Monthly

1ST FLOOR MASTER & IN LAW SUITE! 3 CAR GARAGE! HWDs Thru Main Living! Kitchen: Quartz Ctops, Cstm Cbnts, CenterIsland w/Brkfst Bar & Pndnts, SS Appls, Butler's Pntry, & WlkIn Pantry! Mstr w/ TreyCeiling, Triple Wndw! MstrBath: Tile Floor, Dual Vanity w/Quartz, Cstm Cbnts, FreestandingTub, Tile Srrnd Shower w/BenchSeat, & Huge WlkIn Closet w/Cstm Shlvng! FamRoom: Ceiling Beams, Cstm Srrnd GasLog Fireplace w/Beam Mantle & Buillt Ins, 12' Slider to Rear Screened Porch w/Cstm Srrnd GasLog Fireplace!

Property type
Two Story
Year built
Attached, Driveway - Concrete, Entry/Front, Entry/Side, Garage
Lot Size
15681 sqft
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My NotesiThis is a place for you to write your thoughts and notes about this home. Only you will be able to see the notes.

My Home Features


Bedrooms: 5
Virtual Tour: virtual tour | Room Types: 1st Floor Bedroom, 1st Floor Master Bedroom, Bonus Room/Finish, Entry Foyer, Family Room, Walk-in Pantry, Recreation, Utility, Mudroom | Basement: false


# of Full Bathrooms: 4
# of Half Bathrooms: 1


Features: Butler's Pantry, Ceiling - Fan(s), Kitchen - Island


Features: Gutters, Porch, Porch - Screened | Pool: Swim Pool/Priv. Com


Property Types: Residential, Single Family Home | Year Built: 2019 | Structure: Two Story | Architecture: Traditional, Transitional | Construction: Site Built | Roof: Metal, Shingle or Shake | Siding: Board/Batten, Fiber Cement, Stone | Foundation: Crawl Space | Floors: Carpet, Wood - Hard, Tile

Garage & Parking

Parking: Attached, Driveway - Concrete, Entry/Front, Entry/Side, Garage | Garage: 3


Lot Dimensions: See Survey | Lot size: 0.36 acres | Lot size: 15681 sqft | Lot range: .26-.5 Acres | Lot Features: Landscaped


County: Wake | Neighborhood: 021 - Rolesvil/Wk Forest/NE Ral | Subdivision: Stonewater | Directions: Capital Blvd/US-1 to right on S. Main, Wake Forest. Right on Rogers Rd, Rt on Forestville Rd. Subdivision on left. | MLS #: 2252187


Condo Maintenance: Clubhouse, HO Association, Maint Com. Area, Pool, Street Lights | HOA Dues: $100/ Monthly


Appliances: Gas Cooktop, Dishwasher, Ice Maker, Microwave, Wall Oven, Water Heater - Gas, Water Heater - Tankless

Heating & Cooling

Air Conditioning: Central Air | Heating: Gas Heating (Natural), Forced Air | Fireplaces: 1, Gas Logs

Utilities & Security

Sewer Service: City Sewer | Water Source: City Water


Elementary School: Wake - Rolesville | Middle School: Wake - Wake Forest | High School: Wake - Heritage Estimated Value

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Source: County(Public) Records

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Local Insights

Listing provided by: Jim Allen 

Listing courtesy of: Howard Perry & Walston Realtor |  (919) 876-8824 

Tools for buyers

Data provided by: Triangle MLS, Inc.
Last detected update: September 12, 2019 01:52PM EST ~ Verified on November 17, 2019 07:45PM 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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