Lenders One Adds Stephen Boney and Joseph Camerieri to Lead Expansion of L1 Fulfillment Solutions

FREDERICKSBURG, Va., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Lenders One® Cooperative (“L1” or “Lenders One”), a national mortgage cooperative of mortgage banks, community banks, and credit unions, announced the addition of Stephen Boney and Joseph Camerieri to its leadership team. Boney joins as Senior Vice President of Originations Operations, and Camerieri as Senior Vice President of Sales and Strategy, bringing deep industry expertise to support the growth and evolution of L1® Fulfillment Solutions powered by Altisource Fulfillment Operations, Inc. (“L1 Fulfillment Solutions”).

Boney and Camerieri will lead the expansion of L1 Fulfillment Solutions, developing an offering that includes a fully managed, end-to-end solution that enables Lenders One members to leverage a pre-built, pre-configured, highly automated fulfillment platform. The move reinforces the cooperative's continued investment in solutions that help mortgage banks, community banks, and credit unions access scalable, AI-powered fulfillment services without sacrificing control, compliance, or customer experience.

“Lenders One is founded on its commitment to providing its members with the resources and strategic levers required to remain competitive regardless of market cycle,” said Lenders One President Rick Seehausen. “These two industry veterans bring executive experience at all stages of the origination lifecycle that will be key in supporting sustainable success for lenders, helping them improve profitability, and reduce costs.”

Prior to joining Lenders One, Boney held executive fulfillment leadership roles at Newrez, Specialized Loan Servicing, PHH, Bank of America, and Merrill Lynch, including the support of nearly $30 billion in annual originations. His expertise spans across underwriting, processing, closing, post-closing, compliance, and operational transformation.

“As the industry continues to evolve, the organizations that successfully combine operational excellence, technology, and trusted relationships will be best positioned to grow. The opportunity to bring that level of advancement to Lenders One members is exactly what I look forward to supporting in my next chapter at Lenders One,” said Boney.

Camerieri served in leadership positions at Maxwell, Mortgage Cadence, LenderLive, FirstKey, and PHH. His experience includes private-label lending platforms, enterprise sales leadership, mortgage operations, fulfillment solutions, and revenue growth strategies.

“Lenders One has a strong track-record of helping companies execute long-term business strategies all while staying adaptable,” said Camerieri. “I’m ready to build on that to help members develop innovative products, manage high-performing teams, and create strategic alliances.”

Powered by AI-driven workflows, L1 Fulfillment Solutions encompasses the full mortgage manufacturing process, from loan setup and disclosures through processing, underwriting, closing, post-closing, and quality control.

About Lenders One
Lenders One (LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, banks, credit unions and is dedicated to helping its members improve profitability by reducing costs, maximizing revenue, and sharing best practices. Lenders One members originate approximately 20% of the mortgages in the United States. Lenders One is managed by a subsidiary of Altisource Portfolio Solutions S.A. (NASDAQ: ASPS). Learn more at www.lendersone.com.

About Altisource
Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets it serves. Additional information is available at www.altisource.com.

FOR FURTHER INFORMATION CONTACT:

Investor Contact:
Michelle D. Esterman
Chief Financial Officer
Altisource
E: Michelle.Esterman@altisource.com

Altisource Press Contact:
Edgard Negron
Vice President of Marketing
E: Edgard.Negron@altisource.com

Lenders One Press Contact:
Brena Nath
Vice President of Events Management
E: Brena.Nath@lendersone.com