Green (pictured) explained that once the division is in business it will target new lenders coming to market who may not have the infrastructure available to service their own loans, and challenger banks keen to launch into mortgage lending or explore niche areas of the market.
She added that when working with new lenders, Sutherland would partner with brokers to ensure any new infrastructure was fit for purpose in the intermediary market.
Sutherland’s UK mortgage operations will focus on first and second charge loans and buy-to-let business initially, with the potential to expand its proposition into the commercial finance sector.
The servicing division is part of business process and technology management firm, Sutherland Global Services, which operates in over 40 locations across the world and currently offers mortgage services in the US, where its head office is located. Its operations in the US currently aid in the origination of $45bn of mortgages.
The firm is awaiting authorisation from the Financial Conduct Authority (FCA) until it can commence with its mortgage proposition in the UK.
Before joining Capita in 2012, Green worked as business development manager at HML after working in various roles at the firm since joining in 1999.
She will work alongside Colin Ford, head of compliance, who has previously held positions at Manchester Building Society and Deutsche Bank.
