Rating Release
Agusto & Co. assigns an “SR3” servicer rating to Infinity Trust Mortgage Bank Plc.
The rating expires on 31 May 2019.
The rating of Infinity Trust Mortgage Bank Plc. (“Infinity Trust” or “the Servicer”) is supported by the Servicer’s good succession at the leadership level, ample business continuity framework, sound collection and recovery procedures and strong commitment to staff development. The Servicer’s rating is, however, constrained by Infinity Trust’s credit appraisal process, which we believe requires improvement.
Notes to release
A SERVICER rating of “SR3” indicates a Mortgage Bank with ADEQUATE capacity to service loans.