Press Release

Apr 17, 2014

Altisource Asset Management Corporation Schedules First Quarter Conference Call

FREDERIKSTED, U.S. Virgin Islands, April 17, 2014 (GLOBE NEWSWIRE) -- On Tuesday, April 29, 2014, Altisource Asset Management Corporation ("AAMC") (NYSE MKT:AAMC) will report earnings results for the first quarter of 2014. A press release and presentation will be available on AAMC's website at www.altisourceamc.com through the Shareholders home page.

AAMC will also host a conference call at 11:00 a.m. Eastern Time on April 29, 2014 to discuss its first quarter results. A link to the live audio webcast will be available on AAMC's website through the Shareholders home page. Those who want to listen to the call should go to the website at least fifteen minutes prior to the call to register, download and install any necessary audio software. A replay of the conference call will be available via the website approximately two hours after the conclusion of the call and will remain available for approximately 30 days.

About Altisource Asset Management Corporation

AAMC is an asset management company that provides portfolio management and corporate governance services to investment vehicles. Its initial client is Altisource Residential Corporation, a real estate investment trust that is focused on providing affordable rental homes to families throughout the United States. Additional information is available at www.altisourceamc.com.

CONTACT: Kenneth D. Najour

         Chief Financial Officer

         T: 340-692-1055

         E: Kenneth.Najour@AltisourceAMC.com

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