AAMC Enters into Forward Sale Contracts to Sell Alternative Credit Products
Yahoo! Finance
CHRISTIANSTED, U.S. Virgin Islands, January 31, 2023--Altisource Asset Management Corporation ("AAMC" or the "Company") (NYSE: AAMC) announces that it has entered into forward contracts to sell alternative credit products to two of the US’s largest institutional counterparties that manage insurance and credit money assets. The organizations have over $50 billion and $15 billion in assets under management.
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