View more on these topics

S&P upgrades Crown’s servicer rating

Standard & Poor’s has upgraded Crown Mortgage Management’s rating as a primary servicer of commercial loans and residential mortgages to above average.

Its rating as a special servicer of commercial loans and residential mortgages has also been affirmed as average by the ratings agency.

Eric Stoclet, chief executive officer of Crown Mortgage Management, says: “S&P has recognised our merit as a primary mortgage servicer of both commercial and residential loans, and has noted in particular the strength in the company’s management, staff training, and growth of assets during a difficult environment.”

Recommended

ADRIAN SCOT, GROUP MORTGAGE SERVICES DIRECTOR, CONNELLS

Making the most of every opportunity

Unlike the heady pre-credit crunch days, when mortgage brokers could sit back and wait for sales opportunities to walk through the door, we now have to work harder for every customer.

steven nicholas

Bridging not right for any old lender

January can often be a quiet month as people recover from their festive overindulgence, catch up on work and pledge to detox for the rest of the month.

robert sinclair

Exodus of brokers from market is starting to slow

The rapid pace at which mortgage brokers have been leaving the market finally began to slow in the final months of 2011, figures from the Financial Services Authority reveal. The year-on-year decline in the number of authorised appointed representatives slowed to 8.1% in December 2011, down from 9.7% in September and 30.8% in December 2010. […]

India rate cut – more to come?

Kunal Desai, Head of Indian Equities at Neptune Investment Management India’s stockmarket rallied this week following news that the central bank was cutting interest rates more aggressively than expected. Commenting on the rate cuts and what this means for India’s economic growth, Kunal Desai notes that there were two important details in the announcement that have […]

Newsletter

News and expert analysis straight to your inbox

Sign up