SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2012

SEGMENT REPORTING

Schedule of financial information of segments

	Three months ended June 30, 2012
										Corporate
	Mortgage			Financial			Technology			Items and			Consolidated
(in thousands)	Services			Services			Services			Eliminations			Altisource
Revenue	$	115,903		$	16,239		$	17,886		$	(5,823	)	$	144,205
Cost of revenue	73,156			11,663			13,214			(5,295		)	92,738
Gross profit	42,747			4,576			4,672			(528		)	51,467
Selling, general and administrative expenses	5,612			3,604			1,819			7,983			19,018
Income (loss) from operations	37,135			972			2,853			(8,511		)	32,449
Other expense, net	(246		)	(2		)	(6		)	(67		)	(321		)
Income (loss) before income taxes and non-controlling interests	$	36,889		$	970		$	2,847		$	(8,578	)	$	32,128

	Six months ended June 30, 2012
										Corporate
	Mortgage			Financial			Technology			Items and			Consolidated
(in thousands)	Services			Services			Services			Eliminations			Altisource
Revenue	$	225,564		$	34,255		$	34,908		$	(11,456	)	$	283,271
Cost of revenue	146,195			23,996			24,680			(10,373		)	184,498
Gross profit	79,369			10,259			10,228			(1,083		)	98,773
Selling, general and administrative expenses	11,303			7,434			3,668			13,628			36,033
Income (loss) from operations	68,066			2,825			6,560			(14,711		)	62,740
Other expense, net	(567		)	(16		)	(17		)	(72		)	(672		)
Income (loss) before income taxes and non-controlling interests	$	67,499		$	2,809		$	6,543		$	(14,783	)	$	62,068

	Three months ended June 30, 2011
									Corporate
	Mortgage		Financial			Technology			Items and			Consolidated
(in thousands)	Services		Services			Services			Eliminations			Altisource
Revenue	$	65,507	$	17,983		$	13,572		$	(3,794	)	$	93,268
Cost of revenue	43,544		13,574			9,334			(3,355		)	63,097
Gross profit	21,963		4,409			4,238			(439		)	30,171
Selling, general and administrative expenses	2,853		3,502			1,537			6,012			13,904
Income (loss) from operations	19,110		907			2,701			(6,451		)	16,267
Other income (expense), net	258		(7		)	(12		)	31			270
Income (loss) before income taxes and non-controlling interests	$	19,368	$	900		$	2,689		$	(6,420	)	$	16,537

	Six months ended June 30, 2011
									Corporate
	Mortgage		Financial			Technology			Items and			Consolidated
(in thousands)	Services		Services			Services			Eliminations			Altisource
Revenue	$	125,214	$	37,476		$	26,288		$	(7,040	)	$	181,938
Cost of revenue	80,564		27,062			16,779			(6,359		)	118,046
Gross profit	44,650		10,414			9,509			(681		)	63,892
Selling, general and administrative expenses	7,436		7,962			2,733			12,027			30,158
Income (loss) from operations	37,214		2,452			6,776			(12,708		)	33,734
Other income (expense), net	623		(18		)	(27		)	36			614
Income (loss) before income taxes and non-controlling interests	$	37,837	$	2,434		$	6,749		$	(12,672	)	$	34,348