The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: I had -- on the breakdown, I wanted some -- just some detail, if you could please talk to on that. Breakdown in the fourth quarter on field services
and Hubzu and then there's one and then sort of the assumptions underlying your '21 and '22 projections of defaults of $110 million. How does
that break down between field services and Hubzu?
And I know, Michelle, you mentioned 70-30 ratio for Ocwen and new customers. And is that ratio hold for the new customers as well on the new
business as well?
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: And then going into -- yes. And then your assumption for or...
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MARCH 11, 2021 / 1:30PM, ASPS.OQ - Q4 2020 Altisource Portfolio Solutions SA Earnings Call
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: $22 million. And that's for fourth quarter. Now for fiscal '21 and '22 and your assumption, how should we look at the breakdown between service
revenues -- a breakdown of service revenue between field and marketplace. Then you have the origination.
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: Right. So I'm just trying to understand of the default-related business of $110 million midpoint in 2021, with the moratorium ongoing, where -- are
these foreclosed mortgages that are already in the pipeline in the process that you -- this is -- none of this is the new business coming into -- or the
new foreclosures coming into the pipeline?
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: Yes.
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: And what percentage of that $242 million or $396 million would be marketplace? What would the breakup be between -- breakdown be between
field services and marketplaces?
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: And just -- I just want to get a sense of.
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: You're assuming that marketplace then is in full swing.
Question: Rajiv Sharma - B. Riley Securities, Inc., Research Division - Analyst
: Got it. And then you usually give new customers added in the quarter. Is that -- can you comment on that? Is there any new customers added?
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