Pepper boss to leave firm that services vulture-owned mortgages
The head of vulture fund servicer Pepper Advantage is stepping down, with the Shannon-based firm insisting he is leaving for personal reasons.
Source: independent.ie
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UK mortgage arrears growth slows to lowest since Mini-Budget – Mortgage Strategy
The rate of UK arrears growth slowed to 3.9% in Q1 2024 from 5.7% in Q4 2023, the lowest quarterly growth rate since the September 2022 Mini-Budget. This is according to the latest data from Pepper Advantage, a global credit intelligence company, on its portfolio of over 100,000 UK residential mortgages. The report
Source: mortgagestrategy.co.uk
New Data Shows Q1 UK Mortgage Arrears Growth Slows to Lowest Since Mini-Budget
LONDON--(BUSINESS WIRE)--Pepper Advantage, a global credit intelligence company, today published data on its portfolio of over 100,000 UK residential
Source: siliconcanals.com
Pepper customers face huge interest hikes after error in mortgage calculation
Pepper Advantage Ireland has identified what it says is an error in its mortgage repayment process which has led to monthly mortgage repayments for approximately 2,500 borrowers being lower than they should be.
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Source: independent.ie
Pepper Advantage and Clay Technologies form white label lending platform JV – Mortgage Strategy
Credit intelligence firm Pepper Advantage and tech firm Clay Technologies have formed a joint venture to create a credit platform that allows companies to lend to customers. The firms say Clay’s brandable credit platform will be integrated with Pepper Advantage’s proprietary loan management and data analytics. The
Source: mortgagestrategy.co.uk
Pepper Advantage makes executive team appointment
The global credit intelligence company has announced a new senior appointment in order to strengthen growth in the Asia Pacific.
Source: theadviser.com.au
Pepper Advantage introduces new head to oversee Hubs
New executive to lead the company's plans to help clients with their offshoring operations
Source: brokernews.com.au
Pepper Advantage Unveils AI Tech Hub in Pune for Product Development
Pepper Advantage, a global credit intelligence, credit management and credit investment company, has recently announced the opening of a new technology
Source: compsmag.com
Pepper's Irish profits drop despite big revenue rise – The Irish Times
Latest accounts for Pepper Finance Corporation (Ireland) show that it made a pre-tax profit of €11.8m last year, down from just under €14m in 2021
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Source: irishtimes.com
Editor's Note: Could AI fix the economy? – Mortgage Strategy
Just as this issue of Mortgage Strategy was about to go to print, the Bank of England announced it would hold the base rate at 5.25%, as predicted. It was a sigh of relief for many, including the editorial team here as some of our copy would have dated very quickly had interest rates gone up! Had the decision been to
Source: mortgagestrategy.co.uk