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Target’s loan and investment servicing business has been boosted with the take-on of a £1.7 billion primary and special servicing residential mortgage portfolio on behalf of a major investment bank.
Paddy Byrne has been appointed as CEO of Target Group and joins the Board of Target Servicing Limited (subject to FSA approval).
Welcome will use Target’s software to process secured loans, unsecured loans and hire purchase agreements to optimise collections.
Richard brings a strong track record of business achievement and growth to Target. He was a founder of Xchanging.
Castle Trust, a new type of financial institution, has appointed Target Group to outsource the loan servicing of its mortgage product.
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