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S&P rates HML ‘above average’ for servicing in Ireland

HML has become the first residential mortgage servicer to receive an international rating for the services it provides to Irish lenders.

Standard & Poor’s has awarded HML an ‘above average’ rating for primary servicing of residential mortgages in Ireland.

Andrew Jones, chief executive of HML, says: “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.”

HML has serviced mortgages originated in Ireland since 2005 and ring-fences its Irish servicing operation within its overall servicing business.



Professionals start to complain more to FOS

The Financial Ombudsman Service has reported an increase in the number of professionals making mortgage-related complaints. Last week FOS released its latest complaints figures for the last three months of 2011. It received 2,383 criticisms about residential mortgages between October and December 2011, down from 2,796 between July and September. Only 24% of them were […]

Dates for your DIARY…

February 9CML data on arrears and repossessions for Q4 2011 publishedThe Council of Mortgage Lenders reveals its latest quarterly figures on arrears and repossessions. It will be interesting to see whether recent negative economic data has had an impact. February 9MPC meetingThe Monetary Policy Committee votes on the base rate and the size of the […]

Last week’s winner

Richard Jenkinson, DPR “Is that a bottle of Chardonnay in your pocket George or do you have a Semillon?”


Employers fined £52,500 for auto-enrolment failings

By Jamie Clark, Business Development Manager The Pensions Regulator (TPR) has taken the step of naming and shaming employers that have been served County Court Judgments (CCJs) for non-payment of auto-enrolment fines. We take a look at what this means for employers, their employees and advisers Shamed into action? Sixty-four employers have been served CCJs […]


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