ALTISOURCE ASSET MANAGEMENT CORP : Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits (form 8-K)

Item 1.01 Entry into a Material Definitive Agreement

On July 18, 2022, Altisource Asset Management Corporation (the "Company")
entered into an agreement (the "Purchase Agreement") with Putnam Focused Equity
Funds, a Series of Putnam Funds Trust ("Putnam") in which the Company
repurchased 286,873 shares of common stock, par value $0.01 (the "Shares), of
the Company from Putnam. The aggregate purchase price for the Shares was
$2,868,730 or $10 per Share.

Pursuant to the Purchase Agreement, the Company and Putnam also agreed to
terminate the most favored nation clause granted to Putnam in the settlement
agreement between Putnam and the Company dated February 17, 2021 (the
"Settlement Agreement") requiring the Company to pay Putnam the difference,
subject to certain terms and conditions, if the Company enters into a mutually
agreed settlement with another holder of Preferred Shares at a higher value per
Preferred Share than provided to Putnam under the Settlement Agreement. The
Company and Putnam also agreed to terminate all of Putnam's shareholder voting
obligations included in the Purchase Agreement.

The foregoing description of the Purchase Agreement is qualified in it entirety
by reference to the text of such agreement, which is filed as Exhibit 10.1 to
this Current Report on Form 8-K and incorporated herein by reference.

Item 8.01 Other Events

On July 21, 2022, the Company issued a press release announcing the repurchase
of 286,873 shares of common stock par value $0.01 and additional terms of the
Purchase Agreement. A copy of the press release is attached as Exhibit 99.1 and
incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.                                              Description

       10.1              Stock Purchase and Sale Agreement, dated July 18, 2022.
       99.1              Press Release of Altisource Asset Management

Corporation, dated July 22,

                         2022.
       101               Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in
                         Inline XBRL (Inline eXtensible Business Reporting Language).
       104               Cover Page Interactive Data File (embedded within

the Inline XBRL document).

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