Paragon Group of Companies (The) PLC (PAG)

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Company Description

Paragon Group of Companies (The) PLC was incorporated in 1985 in England and Wales under the Companies Act 2006. It is a buy-to-let mortgage lender and specialist loan services provider. It is an independent provider of mortgages to residential property investors in the private rented sector through its specialist brands, Paragon Mortgages and Mortgage Trust. In addition, it operates a specialist loan servicing business for third parties through its Moorgate Loan Servicing brand. The Company operates in two business segments: First Mortgages and Consumer Finance. The First Mortgages segment includes interest and fees generated by the buy-to-let and owner-occupied mortgage assets and other income derived from first charge mortgages. Consumer Finance includes interest and fees generated by second charge loans, the residual car, retail finance and unsecured loan assets. Its clients include building societies, investment banks, specialist lenders, hedge funds, private equity houses, commercial banks and other financial services companies...

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