UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

CUSIP No. L0175J104

1.

Names of Reporting Persons
D. John Devaney

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

x

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
United States of America

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
50

6.

Shared Voting Power
948,933

7.

Sole Dispositive Power
50

8.

Shared Dispositive Power
948,933

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
948,983

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
5.0%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. L0175J104

1.

Names of Reporting Persons
United Aviation Holdings, Inc.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

x

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
Florida

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
70,343

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
70,343

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
70,343

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
0.4%

12.

Type of Reporting Person (See Instructions)
CO

CUSIP No. L0175J104

1.

Names of Reporting Persons
United Capital Markets Holdings, Inc.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

x

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
Florida

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
70,343

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
70,343

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
70,343

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
0.4%

12.

Type of Reporting Person (See Instructions)
CO

CUSIP No. L0175J104

1.

Names of Reporting Persons
United Real Estate Ventures, Inc.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

x

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
Florida

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
878,590

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
878,590

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
878,590

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
4.7%

12.

Type of Reporting Person (See Instructions)
CO

Item 1.

(a)

Name of Issuer
Altisource Portfolio Solutions S.A. (“ASPS”)

(b)

Address of Issuer’s Principal Executive Offices
40, avenue Monterey

L-2163 Luxembourg 

Grand Duchy of Luxembourg

Item 2.

(a)

Name of Person Filing
D. John Devaney (“Devaney”)

United Aviation Holdings, Inc. (“UAHI”)

United Capital Markets Holding, Inc. (“UCMHI”)

United Real Estate Ventures, Inc. (“UREVI”)

(b)

Address of Principal Business Office or, if none, Residence
D. John Devaney

240 Crandon Boulevard

Suite 167

Key Biscayne, FL 33149

United Aviation Holdings, Inc.

240 Crandon Boulevard

Suite 167

Key Biscayne, FL 33149

United Capital Markets Holding, Inc.

240 Crandon Boulevard

Suite 167

Key Biscayne, FL 33149

United Real Estate Ventures, Inc.

240 Crandon Boulevard

Suite 167

Key Biscayne, FL 33149

(c)

Citizenship
D. John Devaney

United States of America

United Aviation Holdings, Inc.

Incorporated in Florida

United Capital Markets Holding, Inc.

Incorporated in Florida

United Real Estate Ventures, Inc.

Incorporated in Florida

(d)

Title of Class of Securities
Common Stock

(e)

CUSIP Number
L0175J104

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

o

A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J);

(k)

o

Group, in accordance with § 240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with

§ 240.13d–1(b)(1)(ii)(J), please specify the type of institution:____________________________

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount beneficially owned:   

UCMHI is not the owner of record of any shares of common stock of ASPS (“Common Stock”).  However, because Devaney controls UREVI and UCMHI, and UAHI is a wholly-owned subsidiary of UCMHI, UCMHI may be deemed the beneficial owner of common stock held of record by UAHI and Devaney may be deemed to be the beneficial owner of 948,933 shares of Common Stock that are owned of record by UREVI and UAHI.  All figures are as of January 18, 2017.

As of January 18, 2017:

Devaney:            948,983

UAHI:                70,343

UCMHI:             70,343

UREVI:              878,590

(b)

Percent of class:   

As of January 18, 2017:

Devaney:            5.03%

UAHI:                0.37%

UCMHI:             0.37%

UREVI:              4.65%

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote   

Devaney:        50

UAHI:            0

UCMHI:         0

UREVI:          0

(ii)

Shared power to vote or to direct the vote    

As of January 18, 2017:

Devaney:         948,933

UAHI:             70,343

UCMHI:         70,343

UREVI:           878,590

(iii)

Sole power to dispose or to direct the disposition of   

Devaney:         50

UAHI:             0

UCMHI:          0

UREVI:           0

(iv)

Shared power to dispose or to direct the disposition of   

Devaney:          948,933

UAHI:              70,343

UCMHI:           70,343

UREVI:            878,590

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   o.

Not applicable.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

See Item 4(a) above.

Item 8.

Identification and Classification of Members of the Group

The Reporting Persons listed in Item 2 above are filing this Schedule as a “group” pursuant to Rules 13d-1(k)(1). As required, attached is an exhibit listing the members of the group. The Reporting Persons are not, however, filing as part of a “group” as defined in Rule 13d-1(b)(ii)(J).

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

By signing below we each certify that, to the best of our knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Date

January 26, 2017

Signature

/s/ D. John Devaney

D. John Devaney

United Aviation Holdings, Inc.

By:

/s/ D. John Devaney

Name:

D. John Devaney

Title:

Chief Executive Officer

United Capital Markets Holdings, Inc.

By:

/s/ D. John Devaney

Name:

D. John Devaney

Title: 

Chief Executive Officer

United Real Estate Ventures, Inc.

By:

/s/ D. John Devaney

Name:

D. John Devaney

Title:

Chief Executive Officer

ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

Date

January 26, 2017

Signature

/s/ D. John Devaney

D. John Devaney

United Aviation Holdings, Inc.

By:

/s/ D. John Devaney

Name:

D. John Devaney

Title:

Chief Executive Officer

United Capital Markets Holdings, Inc.

By:

/s/ D. John Devaney

Name:

D. John Devaney

Title: 

Chief Executive Officer

United Real Estate Ventures, Inc.

By:

/s/ D. John Devaney

Name:

D. John Devaney

Title:

Chief Executive Officer

Name/Title