FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Burg Scott Edward		 2. Issuer Name and Ticker or Trading Symbol

ALTISOURCE PORTFOLIO SOLUTIONS S.A. [ ASPS ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
See Remarks
(Last)          (First)          (Middle)

1195 BANGTAIL WAY		 3. Date of Earliest Transaction (MM/DD/YYYY)

5/17/2022
(Street)

STEAMBOAT SPRINGS, CO 80487
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
 6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 5/17/2022  A  500 (1)(3)A$0 3778719 I See footnotes (3)(5)(6)
Common Stock 5/17/2022  A  17180 (2)(3)A$0 3795899 I See footnotes (3)(5)(6)
Common Stock 5/17/2022  D  125 (4)D$0 0 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
(1) These shares of the Issuer's common stock ("Shares") represent a one-time award granted to Mary Hickok, Managing Director at Deer Park Road Management Company, LP ("Deer Park"), in connection with her appointment to the Issuer's board of directors (the "Board"). These Shares are scheduled to vest in four (4) equal installments, with the initial portion vesting on the date of the 2022 annual meeting and vesting continuing on the dates of the next three (3) annual meetings.
(2) These Shares represent the aggregate non-management Director stock award granted to Scott Edward Burg and Ms. Hickok for their respective service on the Board for the 2021 to 2022 service year. Since Mr. Burg attended all of the meetings for the 2021 to 2022 service year until his resignation on March 1, 2022, he received 13,462 Shares, and because Ms. Hickok has attended all of the meetings since her election to the Board on March 1, 2022, she received 3,718 Shares.
(3) All income derived in connection with Mr. Burg's and Ms. Hickok's service as a director on the Board belongs, in economic terms, to STS Master Fund, Ltd. Ms. Hickok has no right to any compensation received in connection with her service on the Board and does not have any pecuniary interest in the Shares reported herein.
(4) These Shares did not vest and were forfeited due to Mr. Burg not serving as a director through the 2022 annual meeting.
(5) These Shares are held for the account of STS Master Fund, Ltd. Deer Park serves as investment adviser to STS Master Fund, Ltd.
(6) Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Each of Deer Park Road Corporation ("DPRC") and AgateCreek LLC ("AgateCreek") is a member of DPRM. Michael Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the majority owner of DPRC. Scott Edward Burg is the Chief Investment Officer of Deer Park and the sole member of AgateCreek. Each Reporting Person disclaims beneficial ownership of the Shares except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:
Ms. Hickok, Managing Director at Deer Park, serves on the Board as a representative of Deer Park. By virtue of their representation on the Board, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons are deemed to be directors by deputization of Ms. Hickok.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Burg Scott Edward
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X
See Remarks
Deer Park Road Management Company, LP
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X
See Remarks
Deer Park Road Corp
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X
See Remarks
Craig-Scheckman Michael
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X
See Remarks
Deer Park Road Management GP, LLC
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X
See Remarks
AgateCreek LLC
1195 BANGTAIL WAY
STEAMBOAT SPRINGS, CO 80487
X
See Remarks
Signatures
Deer Park Road Management Company, LP, By: /s/ Bradley W. Craig, Chief Operating Officer5/19/2022
**Signature of Reporting PersonDate

Deer Park Road Corporation, By: /s/ Bradley W. Craig, attorney-in-fact for Michael Craig-Scheckman, Chief Executive Officer of Deer Park Corporation5/19/2022
**Signature of Reporting PersonDate

Michael Craig-Scheckman, By: /s/ Bradley W. Craig, attorney-in-fact for Michael Craig-Scheckman5/19/2022
**Signature of Reporting PersonDate

Deer Park Road Management GP, LLC, By: /s/ Deer Park Road Corporation, its managing member, By: /s/ Bradley W. Craig, attorney-in-fact for Michael Craig-Scheckman, Chief Executive Officer of Deer Park Corporation5/19/2022
**Signature of Reporting PersonDate

AgateCreek LLC, By: /s/ Bradley W. Craig, attorney-in-fact for Scott Edward Burg, Sole Member of AgateCreek LLC5/19/2022
**Signature of Reporting PersonDate

Scott Edward Burg, /s/ Bradley W. Craig, attorney-in-fact for Scott Edward Burg5/19/2022
**Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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