SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of financial information of segments

	Three months ended March 31, 2013
									Corporate
	Mortgage			Financial			Technology		Items and			Consolidated
(in thousands)	Services			Services			Services		Eliminations			Altisource

Revenue	$	117,448		$	16,336		$	20,231	$	(5,188	)	$	148,827
Cost of revenue	72,369			12,026			17,112		(4,545		)	96,962
Gross profit	45,079			4,310			3,119		(643		)	51,865
Selling, general and administrative expenses	5,458			2,850			1,865		8,507			18,680
Income from operations	39,621			1,460			1,254		(9,150		)	33,185
Other income (expense), net	(173		)	(3		)	4		(2,335		)	(2,507		)
Income before income taxes and non-controlling interests	$	39,448		$	1,457		$	1,258	$	(11,485	)	$	30,678

	Three months ended March 31, 2012
										Corporate
	Mortgage			Financial			Technology			Items and			Consolidated
(in thousands)	Services			Services			Services			Eliminations			Altisource

Revenue	$	109,661		$	18,016		$	17,022		$	(5,633	)	$	139,066
Cost of revenue	73,039			12,333			11,466			(5,078		)	91,760
Gross profit	36,622			5,683			5,556			(555		)	47,306
Selling, general and administrative expenses	5,691			3,830			1,849			5,645			17,015
Income from operations	30,931			1,853			3,707			(6,200		)	30,291
Other expense, net	(321		)	(14		)	(11		)	(5		)	(351		)
Income before income taxes and non-controlling interests	$	30,610		$	1,839		$	3,696		$	(6,205	)	$	29,940

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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