A 5-year contract to provide outsourced mortgage administration services has been signed with Oakwood Homeloans Limited, part of The Oakwood Group LLP.
HML’s managing director Steve Haggerty, comments: “We’re delighted to welcome Oakwood Homeloans as a new client to HML, they are a very ambitious and exciting new entrant to the UK mortgage market and we look forward to working with them for many years to come.”
Mike Culhane, Chief Executive of Oakwood , says: “Our relationship with HML arises from the purchase of assets in the secondary market, and we’re very pleased to entrust the servicing of these loans to them. HML’s reputation as a third party servicer of mortgages is second to none, and we are happy to be able to rely on their experience and expertise to look after our portfolios. I’m sure it will be the start of a long, successful co-operation.”
