Pepper Asset Servicing (Pepper) has been appointed by Danske Bank (Danske) to provide servicing to 14,000 residential mortgage and personal loan customers on behalf of the Bank, it was announced today.
Pepper Asset Servicing (Pepper) has been named winner of the Retail Banking Deals of the Year Awards 2014 for its innovative split mortgage product launched in 2013 to help customers experiencing difficulties in repaying their loans.
Pepper Asset Servicing (Pepper) has been appointed by an affiliate of the Lone Star Funds to provide mortgage servicing on a significant portion of the “Project Sand” portfolio of residential IBRC mortgage loans, which will be acquired by an affiliate of the Lone Star Funds from the joint special liquidators of IBRC, Kieran Wallace and Eamonn Richardson.
Australian specialist financial services group, Pepper Australia Pty Limited (“Pepper”) has today announced that it has acquired 100% of the issued share capital of Oakwood Global Finance LLP and its controlled entities (“Oakwood”).
National Asset Management Agency (NAMA) in Ireland have today confirmed that the consortium of Serco, the international services company, and Pepper Asset Servicing (Pepper), a leading asset manager and advisory company, has been selected as preferred bidder to provide primary and special servicing on a portfolio of approximately 28,000 residential mortgages.
Pepper Finance Corporation (Ireland), which trades as Pepper Asset Servicing, has been appointed by Danske Bank (Danske) to provide special servicing and asset management on a significant portfolio of Irish commercial property with an aggregate outstanding principal loan balance of over €600 million.
Pepper Group (“Pepper”) today announced that it has completed the acquisition of the Spanish consumer loan business of Celeris, originally announced on 11 February 2013.
Pepper Group (“Pepper”) today announced that it has agreed to acquire the Spanish consumer loan business of Celeris, including a portfolio of approximately 164,000 performing consumer loans and a small non-performing loan book, representing in aggregate approximately €290 million in receivables.
Pepper Asset Servicing (Pepper) has appointed Brian Berg to the new position of Head of Commercial Real Estate, as part of the company’s expanding Irish operation, it was announced today.
Pepper Asset Servicing (Pepper) has been appointed by CarVal Investors to provide special servicing, master servicing and asset management on the €380 million Pittsburgh portfolio of Irish loans CarVal Investors acquired from Lloyds last month for around 25c in the Euro.