ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2011

May 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2011-05-18

Reporting Person: LINN W MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-18	Common Stock	A	500.0000	$0.0000	Acquired	1500.0000	Direct

Footnotes

F1: One-time grant of 500 shares of Common Stock to new non-management Directors on the date of initial election to the Board of Directors. The shares vest 25% a year on each anniversary of the grant date.