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.