On October 8, 2014, Salah Saabneh resigned from his position as Executive Vice President, Corporate Development of Altisource Residential Corporation, effective as of the same date. On October 8, 2014, the company appointed Robin N. Lowe as Chief Financial Officer of the company. Mr. Lowe will oversee all financial affairs for the company, including financial reporting, treasury, tax and shareholder relations.

Prior to his appointment, Mr. Lowe served as Chief Financial Officer of CitiMortgage Inc. from October 2012 to July 2014.