image

Agusto & Co. assigns an “SR3” servicer rating to Infinity Trust Mortgage Bank Plc

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

SERVICER rating of “SR3” indicates a Mortgage Bank with ADEQUATE capacity to service loans.

This Rating Release is transmitted to you for the sole purpose of dissemination through your newspaper / magazine / agency. The rating release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Agusto & Co.