Altisource asset management agrees to terminate agreement with front yard residential

Reports second quarter 2020 results; announces agreement to terminate the asset management agreement between aamc and front yard residential corporation.q2 loss per share $4.81.agreed to reinstate george ellison and robin lowe as co-ceo and cfo, respectively, of aamc during transition.ellison has stepped down as chairman of board effective immediately and agreed to resign from board.ellison agreed to resign as co-ceo of aamc shortly before transition is completed.
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