Mortgage Builder Software, a loan origination and servicing technology developer, is considering offers for the company, and Altisource Portfolio Solutions (ASPS) has emerged as the leading contender to buy it, industry participants familiar with the matter say.

It's unclear when a potential acquisition would close or how much Altisource would pay. But some Mortgage Builder employees have been notified of the pending deal with Altisource, a provider of technology, outsourcing and fulfillment services to the mortgage and real estate industries headquartered in Luxembourg.

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