Altisource Asset Management Corporation announced that Company has hired Mr. Kopcak as President and Chief Operating Officer to lead ALG, among other responsibilities. Mr. Kopcak, 50, expects to join the firm in May 2022, following the end of his employment with Morgan Stanley. Mr. Kopcak began his employment with Morgan Stanley in September 2018 as an Executive Director with Morgan Stanley's residential mortgage team within Global Capital Markets.

He was involved in all facets of the mortgage and alternative lending business from trading, warehousing, securitization to investment banking. Prior to his employment at Morgan Stanley, Mr. Kopcak worked at Nomura, a global financial services group, from May, 2012 until September, 2018 in a similar capacity. Mr. Kopcak has more than twenty-five years of experience in the mortgage business.