Home Loan servicing
loan servicing
The London-based manager appoints another industry veteran for its US operations.
McRoberts’s retirement triggers three appointments to oversee the $45bn agency servicing portfolio.
Petosa’s industry experience and client relationships will help Mount Street to expand business in the States.
Distress is rising, but there are three important things servicers, lenders and borrowers need to keep front of mind.
Higher interest rates and looming maturities has meant that asset management and loan servicing has been a dominant theme in 2023.
The loan servicing firm is understood to have appointed Investec to market it to prospective buyers.
The loan, which is secured by properties owned by the manager’s Sponda platform, has been placed into special servicing.
Distress is set to rise, which puts servicers in the catbird seat.
The covid-19 pandemic is helping commercial mortgage-backed securities loan servicing to become more of a relationship game.
Alternative lenders see a future with fewer defaults and more collaboration.