How not to use a Reoco


Every operator operating in the field of mortgage loan management knows what a Reoco is and what its main use is.The NPL market is now mature and, over the years, the specialization and competence of the actors are increasingly growing. … Continue reading

Reoco: instructions for use


The Growth Decree dated 30/04/2019, recently converted into Law, will improve the real estate activity relating to the world of NPLs. A simplified description of the major changes submitted by the legislator is provided below: possibility of establishing a special … Continue reading

NPL – Art. 560 c.p.c.: another change for everyone – useful for no one


The recent modification of Art. 560 C.P.C. marks another stage in the confusing journey of the legislator in the Non-Performing Loan world – debt collection. In the last 3 years there have been a series of interventions regarding executive and … Continue reading

4 Things that impressed us from the NPL meeting


The Banca Ifis meeting held in September was a good opportunity to discuss with the operators and outline the future trends of the NPLs. During these meetings, the debates revolved around topics already examined by the main newspapers or keynote … Continue reading

Guide to the Italian NPL market for foreign investors


Those who attend meetings on NPLs surely know that one of the most common topics is the foreign investors’ opinion on the Italian NPL market. In line with the stereotypes involving our Country, a special emphasis is given to the … Continue reading

The management of NPLs as a Reoco


We have welcomed the provisions issued by the Bank of Italy on 16 March. When we started our activity 10 years ago, we suggested a business model which was unusual then, since it included a special purpose vehicle (SPV) for … Continue reading

NPLs in Milan


When it comes to non-performing mortgage loans, we tend to mix the good with the bad, with reference not only to the different types of mortgaged assets (see also “Very special servicing”, this issue will be deepened detail in the … Continue reading

The mortgage credit markets


Generally speaking, the Italian mortgage market is finding it difficult to get moving again. In fact, a mismatch between supply and demand has been observed for various reasons (see also the “Non-performing loans: the opinion of the subjects directly involved/1”.article.) … Continue reading

The (odd) run to real estate auctions: 3 reasons to doubt.

Indeed, the insiders will have noticed an increase of the participation to real estate auctions in the last 12 months. Probably, the vision of the most farsighted experts of the field is taking place. For some years now, they have … Continue reading

NPL best practice/the 3 credit assessment traps

There is a substantial difference between credits and mortgage credits, which goes well beyond guarantees. Mortgage credits refer to credits to which an executive or insolvency privilege is granted at a certain degree. However, everyone (including some insiders) should know … Continue reading