ALTISOURCE ASSET MANAGEMENT CORPORATION (NYSEMKT:AAMC) Files An 8-K Submission of Matters to a Vote of Security Holders

ALTISOURCE ASSET MANAGEMENT CORPORATION (NYSEMKT:AAMC) Files An 8-K Submission of Matters to a Vote of Security Holders

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Item 5.07

Submission of Matters to a Vote of Security Holders
The Annual Meeting of Stockholders of Altisource Asset Management
Corporation (the Company) was held on May 24, 2017 (the Annual
Meeting). On the record date for the Annual Meeting (April 12,
2017), an aggregate of 1,547,002 shares of common stock were
outstanding and entitled to vote at the Annual Meeting. The final
results for each matter submitted to a vote of stockholders at
the Annual Meeting were as follows:
(i)
The following Directors were elected to serve until the
Company’s 2018 Annual Meeting of Stockholders and until
their successors are duly elected and qualified by the
following vote:
Name
For
Against
Abstentions
George G. Ellison
1,286,067
3,294
23,352
Ricardo C. Byrd
1,285,728
3,093
23,892
John P. de Jongh, Jr.
1,260,831
3,493
48,389
Dale Kurland
1,261,025
3,293
48,395
Nathaniel Redleaf
924,769
339,555
48,389
(ii)
The compensation of the Company’s named executive officers
as disclosed in the proxy statement was approved, on an
advisory basis, by the following vote:
For
Against
Abstentions
1,285,084
3,527
24,102


About ALTISOURCE ASSET MANAGEMENT CORPORATION (NYSEMKT:AAMC)

Altisource Asset Management Corporation provides asset management and corporate governance services to institutional investors. The Company’s primary client is Altisource Residential Corporation (Residential). The Company operates through segment, which is focused on providing asset management and certain corporate governance services to Residential. Its business strategy is to provide asset management services to Residential to generate cash available for distribution to its shareholders and thereby growing its earnings, and develop additional investment strategies and vehicles. Residential is a public real estate investment trust (REIT) that acquires and manages single-family rental properties by acquiring sub-performing and non-performing mortgage loans throughout the United States. In addition to providing services to Residential, it also provides management services to NewSource Reinsurance Company Ltd., which is an insurance and reinsurance company.

ALTISOURCE ASSET MANAGEMENT CORPORATION (NYSEMKT:AAMC) Recent Trading Information

ALTISOURCE ASSET MANAGEMENT CORPORATION (NYSEMKT:AAMC) closed its last trading session down -0.25 at 90.00 with 4,834 shares trading hands.

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