Very special servicing


Unauthorized personnel n talk about NPL meaning a melting pot of different situations, all united by the fact that someone is not paying someone else for a long time. Authorized personnel divided roughly these loans between “mortgage” and “unsecured”, meaning … Continue reading

NPL Best Practice: The assessment


How are pledged real estate properties and mortgage credits assessed? It is quite complex, since in our Country it is difficult to price a real estate on a free market , and this controversial issue is often debated by accountants, … Continue reading

NPL: the root causes


Any debate on Italy and its comparison with the other Countries worldwide inevitably highlight the unsuitableness of our Country from an economic, policy and legal point of view. We all have certainly compared the events occurred in Italian with those … Continue reading

NPL: speeding up or normalising the recovery procedures. What is the best solution?


When it comes to non-performing loans, the media and leading operators in this sector all agree upon the necessity tospeed up the recovery procedures. Last week,during the Monza conference,most of the lectures – and even the coffee breaks – highlighted … Continue reading

NPL: the banking system is ill


Nowadays, wellbeing is assessed based on the consumption rate, however we should rather focus on the generation of income and added value. In the past, these two aspects used to go hand in hand, while today things have changed, mainly … Continue reading

RExit – American-style properties 2


Interestingly, the exit of Great Britain from the EU perfectly coincided with the second part of our post. While we were talking about theability of the Anglo-Saxon culture to prevail over the Latin one from an economic/financial point of view … Continue reading

Non-performing loans: the opinion of the subjects directly involved/1


Our business often asks us to study and understand the economic trends from a privileged point of view. It is like a preview of reality, where we can see how many people and companies are facing economic difficulties, including their … Continue reading

Enhancement of NPLs: a process to be outsourced


During our daily activity, we get in touch with (almost) all the major realities of non-performing loans. The network includes credit institutions as well as the credit management services, i.e. the credit creators, managers and second- or third-hand buyer. In … Continue reading

700 years of securitization


In 1789, during the French Revolution, the government headquartered in Paris found a quick way to turn the fixed assets confiscated from the Church into liquidity, i.e. by issuing State interest-bearing securities guaranteed by these assets (nowadays they are referred … Continue reading