ALTISOURCE PORTFOLIO SOLUTIONS S.A.

Except as set forth below, there have been no material changes to the risk factors previously disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024, as supplemented by the risk factor disclosed in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. Capitalized terms used but not defined in this section have the meanings given to them in the 2024 Form 10-K. The risk factors in our Annual Report, as supplemented, continue to describe risks that could materially affect our business, financial condition, results of operations, and stock price. Additional risks and uncertainties not currently known to us or that we currently deem immaterial may also materially adversely affect us.

Certain of the risk factors in our Annual Report address risks associated with the potential non-renewal or termination of the Rithm Brokerage Agreement, or risks created by its obligations and limitations. The Rithm Brokerage Agreement expired on August 31, 2025 and was not renewed. While Altisource has continued to manage real estate owned (“REO”) and receive referrals with limited exceptions from portfolios previously subject to the Rithm Brokerage Agreement, Rithm is under no contractual obligation to continue to use Altisource to manage REO or provide referrals and such use and referrals may be reduced or terminated at any time. Accordingly, those risk factors should now be read to reflect that risks associated with the obligations or limitations of the Rithm Brokerage Agreement referenced in the risk factors no longer apply. In addition, we are amending and restating the following risk factor.

Expiration of the Rithm Brokerage Agreement may reduce related revenue

As previously disclosed, Rithm purchased brokerage services for REO exclusively from us, irrespective of the subservicer, subject to certain limitations, for certain MSRs set forth in and pursuant to the terms of the Rithm Brokerage Agreement through August 2025. The Rithm Brokerage Agreement expired on August 31, 2025. At Rithm’s discretion, Altisource has continued to manage REO and receive referrals with limited exceptions from portfolios previously subject to the Rithm Brokerage Agreement despite the expiration of the Rithm Brokerage Agreement. If Altisource does not continue to manage

REO and receive referrals from portfolios previously subject to the Rithm Brokerage Agreement, or Rithm’s use of or referrals to Altisource are reduced, the level of Rithm brokerage and ancillary service revenue we generate going forward would decline. We are evaluating opportunities to replace or mitigate the potential impact of this lost revenue, but there can be no assurance that such efforts will be successful or sufficient.