Home Loan servicing
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.
Trimont’s Michael Delaney says lenders should focus on loan events, cashflow and covenants to mitigate current risks.
The outsourcing deal sees loan servicer Mount Street take on the management of Aviva’s real estate debt portfolio.
The advisers and fintech firms you named the outstanding performers of 2021.
European real estate investment activity rebounded in 2021 after the pandemic suppressed the market during the previous year. Our eighth annual awards highlights those in the property debt industry that have grasped the opportunity.
Paul Lloyd, CEO of Loan Servicer of the Year: Europe winner Mount Street, explains how technology and an understanding of clients’ debt portfolios are crucial to obtaining business in the European loan servicing market.
The London-headquartered loan servicer has partnered with an Athens-based investment group as it sees growing volumes of NPLs trade in the market.
Robert Pike of loan servicer Trimont says there is a growing need for debt providers to gather and use data to navigate the market’s challenges.
Technology will shake up the status quo in the servicing market and generate valuable insights to benefit lenders, argues Vishal Soni, co-founder at Oxane Partners.