Many banks and building societies have realised they can make major savings in time, efficiency and costs by outsourcing administration processes to a skilled and experienced third party - and Homeloan Management Limited (HML) is the UK leader in delivering premium quality tailor-made outsourcing solutions to mortgage and retail savings sectors.
With increased emphasis on financial regulation and compliance, cost and efficiency benefits of outsourcing become even more apparent - so HML continues to grow, currently looking after the administration needs of over 30 major UK financial organisations. HML has tripled in size in the past two years with assets of £32 billion under management, four sites and 1300 staff. International rating agency Fitch has reaffirmed HML’s ratings of 2+ for Prime and Sub-Prime Servicing, the highest in Europe for residential loan servicing. In addition, HML was awarded a second servicer rating of SQ2 (Primary) by Moody’s during 2005.
Corporate expansion into a more Europe-focused market was achieved by HML’s recent opening of a new office in Derry, Northern Ireland, recruiting over 260 new employees. Transactions in the Euro are a key element in the Derry office, helping HML to establish strong pan-European links; moreover, HML Derry’s call centre has recently achieved the Contact Centre Association’s Standard Framework for Best Practice, establishing HML Derry as a flagship for future corporate expansion.
For further information please visit our site: www.hml.co.uk.