News
S&P rates first mortgage servicer in the Republic of Ireland
Date posted: Jan 27
The UK’s largest specialist mortgage servicer, HML, has become the first residential mortgage servicer to receive an internationally benchmarked rating for the services it provides to Irish lenders.
HML, which was the main sponsor of the Irish Banking Federation mortgage conference earlier this month, was awarded the ‘Above Average’ rating for primary servicing of residential mortgages in Ireland by Standard & Poor’s for its expertise and experience:
- HML has serviced mortgages originated in Ireland since 2005
- The team that services the Irish loans is experienced and the mortgages are serviced in line with regulation and compliance requirements in Ireland.
- The Irish servicing operation is ring-fenced within the overall HML servicing business.
HML chief executive, Andrew Jones said: “Seeking an independent rating for the services we provide in Ireland underlines our commitment to delivering a world-class service to our existing clients and new ones.
“HML is the only rated residential mortgage servicer in Ireland, so that should reassure companies looking for support with some, or all of their mortgage and arrears administration work.”
