Investigation Overview
June 23, 2013 (Update) - On June 23, 2014, reports surfaced that stated that Altisource Residential Corp was shut out of a distressed loan auction of 23,000 defaulted single-family loans with $3.9 billion in unpaid principle from the U.S. Department of Housing and Urban Development. Shares of Altisource Residential Corp (NYSE:RESI) declined from $28.90 per share on June 20, 2014, to a...
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