Altisource Portfolio Solutions announced that Hubzu, Altisource’s industry leading online auction marketplace, has expanded its collaboration with NCST, a national nonprofit housing organization, to bolster the supply of affordable, single-family homes. This strategic collaboration will offer Hubzu homes that are available for sale under the Federal Housing Administration Claims Without Conveyance of Title second chance program to NCST and their dedicated community of buyers, fortifying neighborhood stability, fostering community wealth, and promoting racial equity. For years, Hubzu has worked hand in hand with NCST, offering REO inventory to their community of home buyers. Today’s announcement marks an expansion of this relationship to include Hubzu REO inventory under FHA’s CWCOT second chance program, demonstrating the parties’ unwavering commitment to transforming housing dreams into reality.
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