THE FIRM

Altisource Asset Management Corporation (“AAMC”) is a leading boutique alternative asset manager that is focused on building platforms in the multi-trillion dollar alternative asset space. We have built several businesses that originate and source bespoke credit secured by various types of real estate on behalf of money managers, insurance companies, large institutions and funds. We also have an asset management company that has a deep history across various types of credit, real estate, distressed housing, and mortgages. We have a data-driven business that feeds the demand to our various origination of private credit platforms in the alternative asset space.

EXECUTIVE
OFFICERS

BILL ERBEY

CEO / Chairman of the Board

Bill Erbey is a successful entrepreneur, investor and a retired public company Chairman/CEO. He is passionate about solving big problems and finding better ways of doing things. Over a period of four decades, Bill founded and scaled up companies in diverse industries, ranging from loan servicing, real estate services, mortgage services to online real estate sales and video broadcasting technology.

While the industries Bill has operated in are diverse, the common theme is always about use of innovative technology to serve a large and inefficient market. Bill holds a Bachelor of Arts in Economics from Allegheny College and a Master of Business Administration from Harvard University.

Bill started his career with General Electric in 1975, continuing to serve there in various capacities till 1983. In his last role he was the President and Chief Operating Officer of General Electric Mortgage Insurance Corporation. Bill also served as the Program General Manager of GECC’s Commercial Financial Services Department and as the President of Acquisition Funding Corporation.

Bill served as a Managing General Partner of The Oxford Financial Group, a private investment partnership from 1983 to 1995. He was the Chief Executive Officer of Ocwen Financial Corporation (NYSE : OCN) a leading sub-prime servicer from 1988 to 2010 and served as the Executive Chairman of its Board of Directors, from 1996 to 2015. Bill has also served as Chairman of the Board of Directors for several other public companies, Altisource Portfolio Solutions S.A. (NASDAQ : ASPS), Home Loan Servicing Solutions, Ltd., Front Yard Residential Corporation (NYSE : RESI) and Altisource Asset Management Corporation (NYSE : AAMC)

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RICK RODDICK

Chief Financial Officer

Mr. Rodick has served as our Chief Financial Officer since September 2023. Mr. Rodick previously served our Vice President, Finance since July 2023. Prior to that, Mr. Rodick served as the Chief Financial Officer of Digital Media Solutions, Inc. from July 2022 until April 2023 and as the Chief Financial Officer of Transworld Systems Inc., a privately held entity, from 2021 to 2022; the Chief Financial Officer of TELUS International, a subsidiary of TELUS Corporation, from 2016 to 2020; and the Chief Financial Officer of UTi Worldwide, from 2012 to 2016. From 2007 to 2012, Mr. Rodick served as Treasurer and Vice President Investor Relations for Broadridge Financial Solutions, following its spin-off from ADP. From 2003 to 2007, Mr. Rodick served as Chief Financial Officer for three divisions of ADP. From 1988 to 2003, Mr. Rodick served in numerous accounting and financial roles for Ryder System, ending his time as Senior Vice President Finance. Mr. Rodick holds a Master of Business Administration and a bachelor’s degree in accountancy from Florida State University.

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CORPORATE TEAM

THRESA DAFTAN

SENIOR MANAGER, UNDERWRITING

Mrs. Daftan has overall 18.5 years of experience in the mortgage industry, with over 17 years of applicable experience in
underwriting and valuation areas of real estate. Since joining AAMC in 2013, she has been responsible for underwriting operations and due diligence of non-performing loans for Front Yard Residential Corporation. Her responsibilities included approval of construction budget for assets requiring renovation/repairs. Prior to joining AAMC, Mrs. Daftan worked for Altisource and Ocwen Financial Corporation where she was a team lead for Underwriting and Claims Investigation for MGIC.ctors.

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RUBEN CAMACHO II

DIRECTOR OF INFORMATION TECHNOLOGY

Mr. Camacho brings to the team over 21 years of technical and management experience in Information Technology, Program Management, Business Development, Business Processes Improvement, Enterprise, and Service-Oriented Architectures, for both the public and private sectors

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SARAH MAYNARD

DIRECTOR OF HUMAN RESOURCES AND ADMINISTRATION

Ms. Maynard has over 10 years of business experience including her recent position as Director of HR and Administration for AAMC. She is responsible for both US and India employee operations and administration and is proficient in labor relations, payroll, recruitment and compliance. Sarah is a native of St. Croix and has earned both her bachelor’s and master’s degrees in Human Resource Management. She is a member of the Society of Human Resources and Society of Human Resources Virgin Islands.

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BOARD OF DIRECTORS

RICARDO C. BYRD

BOARD MEMBER

Executive Director of the National Association of Neighborhoods.
Served as a public policy catalyst, a community outreach strategist, and resource person to the White House, Congressional, state and local government officials, corporations and neighborhood leaders. Holds a Bachelor of Arts degree from Howard University.

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JOHN A. ENGERMAN

BOARD MEMBER

Chief Executive Officer and Chairman of The Strategy Group VI, a USVI professional services firm. Veteran of the United States Navy. Holds a BBA in Accounting from Howard University and is a CPA.

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CHARLES FRISCHER

BOARD MEMBER

General partner of LFF Partners, a family office based in Seattle. Mr. Frischer was a multi-family loan underwriter and originator at Capri Capital for 10 years. As a Principal at Zephyr for 4 years, he was responsible for the asset management of more than 5,000 multi-family units and all related financings of the portfolio. He holds an B.A. in Government from the College of Arts and Sciences from Cornell University.      

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