1.	Regarding repurchase agreements entered into by Altisource Residential Corporation (“Residential”), in future filings please quantify the average quarterly balance for all periods presented, quantifying the period end balance for each of those quarters and the maximum balance at any month end. Please explain the reasons for significant variances among these amounts.

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1.	We note your footnote disclosure detailing the amount of Residential’s outstanding repurchase agreements and the carrying value of related collateral. Please tell us and disclose the following in future periodic filings if material:

a.	The basis for the amount of additional collateral required above the amount outstanding for each outstanding repurchase agreement as of the balance sheet date;

b.	Trends related to overcollateralization ratios corresponding to Residential’s individual and aggregated master repurchase agreements; and

c.	Whether Residential was required to pledge cash as collateral at any time over the duration of such outstanding repurchase agreements.

1.	the Company is responsible for the adequacy and accuracy of the disclosure in the form 10-K;

2.	Staff comments or changes to disclosure in response to Staff comments do not foreclose the Commission from taking any action with respect to the Form 10-K; and

3.	the Company may not assert Staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

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