Share this article!

Altisource Portfolio Solutions (NASDAQ: ASPS), announced the appointment of Rick Seehausen as president of its Lenders One subsidiary.

Lenders One is a national alliance of independent mortgage bankers, banks, and credit unions. Seehausen most recently served as president, chief operating officer, and vice chairman of Cherry Creek Mortgage. Prior to that, he served as co-founder, president, CEO, and vice chairman of LenderLive.

Seehausen replaces Justin Demola, who left Lenders One last month to join Equifax as senior vice president of mortgage and housing,

“Rick is a highly respected leader with a deep understanding of the mortgage industry,” said William B. Shepro, CEO of Altisource. “His experience makes him an excellent fit for Altisource, and I look forward to working closely with him as we shape the company’s strategic direction and continue to scale our solutions across the origination and servicing markets.”