Computershare drops HML brand name
The brand name of mortgage servicer HML has been dropped to be integrated with parent company Computershare.
HML was purchased by global financial services company Computershare in November 2014.
Andrew Jones, chief executive of Computershare UK and Ireland, said: “We will be bringing all of our UK mortgage servicing activity together into as part of the wider Computershare family.
“As part of this process we will no longer be using the HML brand name.”
Computershare’s loan services division manages over £70bn of loans in the UK and $140bn globally.
In February the company took responsibility for servicing loans from government-owned ‘bad bank’ UK Asset Resolution.
Jones added: “This is an exciting time for the business.
“The market currently presents some significant opportunities for us, including new entrants such as Sainsbury’s Bank and Belmont Green’s Vida Homeloans, retail lending and asset trading.
“Computershare has the global scale and investment, as well as a proven track record in mortgage servicing, to further grow the loan services side of its business.
“We look forward to taking advantage of many more of the opportunities that the market currently presents, growing and strengthening our business.”