Exhibit 99.1

FOR IMMEDIATE RELEASE

Altisource Residential Corporation Reports Fourth Quarter and Full Year 2013 Results

FREDERIKSTED, United States Virgin Islands, February 20, 2014 (GLOBE NEWSWIRE) - Altisource Residential Corporation (“Residential” or the “Company”) (NYSE: RESI) announced today financial and operating results for the fourth quarter and full year of 2013. The Company’s net income for the fourth quarter of 2013 totaled $21.6 million, or $0.50 per diluted share.¹ Net income for the 2013 full year was $39.6 million, or $1.61 per diluted share.² Taxable income for the 2013 full year was $17.7 million.

The Company also announced today that its Board of Directors has declared a special cash dividend of $0.08 per share of common stock, or an aggregate of $4.5 million based on shares outstanding. This dividend is intended to satisfy its requirement as a REIT to distribute at least 90% of its annual REIT taxable income to its stockholders for the year ended December 31, 2013. The Company will pay this dividend on March 10, 2014 to all stockholders of record as of the close of business on March 3, 2014.

Fourth quarter 2013 highlights:

Full-year 2013 highlights

Subsequent event highlights

Chairman William Erbey stated, “In 2013, we successfully delivered on every critical aspect of our business model. We generated positive cash flow and achieved an average acquisition discount that we believe translates into significant embedded value in our portfolio. I am pleased with what we have been able to accomplish in our first full year of operations.”

“The operational and financial results we achieved in 2013 underscore the strength of our business model. We made significant progress in our loan resolution efforts, more than doubling our resolutions in the fourth quarter. We expect to build on the momentum we have gained in developing our single-family rental portfolio,” said Chief Executive Officer Ashish Pandey.

Webcast and conference call

The Company will host a webcast and conference call on Thursday, February 20, 2014, at 10:00 a.m. Eastern Standard Time to discuss our financial results for the fourth quarter and full year of 2013. The conference call will be webcast live over the internet from the Company’s website at www.altisourceresi.com and can be accessed by clicking on the “Shareholders” section.

About Residential

Residential is focused on providing affordable rental homes to families throughout the United States. It acquires single-family properties through the purchase of distressed mortgage loan portfolios. Residential’s strategy is to work with borrowers to modify and refinance loans to keep them in their homes and convert the majority of loans into renovated rental properties. Additional information is available at www.altisourceresi.com.

Forward-looking statements

This press release contains forward-looking statements that involve a number of risks and uncertainties. Those forward-looking statements include all statements that are not historical fact, including statements about management’s beliefs and expectations. Forward-looking statements are based on management’s beliefs as well as assumptions made by and information currently available to management. Because such statements are based on expectations as to future economic performance and are not statements of historical fact, actual results may differ materially from those projected. Residential undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to: Residential’s ability to implement its business plan; Residential’s ability to leverage strategic relationships on an efficient and cost-effective basis, its ability to compete; general economic and market conditions; governmental regulations, taxes and policies; availability of adequate and timely sources of liquidity and financing; and other risks and uncertainties detailed in the “Forward-Looking Statements,” “Risk Factors” and other sections of Residential’s Registration Statement on Form 10, its Annual Report on Form 10-K, its Registration Statements on Form S-11, its Quarterly Report on Form 10-Q for the first, second and third quarters of 2013 and other filings with the Securities and Exchange Commission.

Altisource Residential Corporation

Consolidated Statements of Operations

($ in thousands)

Altisource Residential Corporation

Consolidated Balance Sheets

($ in thousands)

Non-GAAP measures - REIT taxable income

REIT taxable income is a measure that we use in connection with monitoring our compliance with certain REIT requirements. REIT taxable income should not be considered as an alternative to net income or net income per share as indicators of our operating performance.

The following table is a reconciliation of U.S. GAAP net income to REIT taxable income ($ in thousands):

Non-GAAP measures – Generated Cash Flow

The Company’s generated cash flows, as used in this release, are calculated by adding the following GAAP and non-GAAP numbers ($ in thousands):

Generated cash flow is a measure that we use in connection with monitoring our business. Generated cash flow should not be considered as an alternative to net increase (decrease) in cash and cash equivalents in our consolidated statements of cash.