B&B extends HML contract to 2012
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Bradford & Bingley has extended its servicing and administration con-tract with HML until 2012.
HML manages around 60,000 customer accounts for B&B, amounting to more than £8.5bn of mortgage loans.
Brian Brodie, chief executive of HML, says: “We have worked with B&B for many years and have become significant strategic partners.
“We are delighted to have extended this contract and feel it reflects positively on the way that we have adapted and developed our relationship.”
Richard Banks, managing director of B&B, says: “We look forward to continuing to work with HML in the months and years ahead as we restructure the business to achieve our shareholders’ objectives.”
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