Altisource Residential Corp. director Robert Fitzpatrick resigned from the company's board to focus on his position at Institutional Mortgage Capital Canada Inc.

Rochelle Dobbs of R Dobbs Partners LLC was tapped to fill the vacancy and to serve on the board's audit and nomination/governance committees.

Current directors William Wall and Michael Eruzione were named chairman of the audit committee and a member of the compensation committee, respectively. Eruzione relinquished his seat on the board's nomination/governance committee.

The changes were effective Dec. 5.