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Homeservicers

servicers

Banks, servicers agree with Finance Ministry on monthly update report
Featured

Banks, servicers agree with Finance Ministry on monthly update report

2 February 2023 Editors

The new Special Secretary of EGDIH Theoni Alambasis held her first meeting with senior executives from banks and loan management…

Servicers: Are auctions legal or not?
Featured

Servicers: Are auctions legal or not?

26 January 2023 Editors

The Plenary of the Supreme Court will be called on Thursday to answer the question that has arisen due to…

Loan restructurings discussed in minister-servicers meeting
Featured

Loan restructurings discussed in minister-servicers meeting

16 January 2023 Editors

The course of loan restructurings, with and without the out-of-court settlement mechanism, was on the table of discussions between the…

Challenges and opportunities for servicers in 2023
Editorial

Challenges and opportunities for servicers in 2023

4 January 2023 Editors

In 2023, servicers are facing significant challenges, but also opportunities that will allow them to more smoothly manage loans of…

Bank of Greece: Loans managed by servicers drop by 203 mln euros
Finance

Bank of Greece: Loans managed by servicers drop by 203 mln euros

20 December 2022 Editors

In the third quarter of the current year, the nominal value of domestic private sector loans, which are managed by…

Plan to extend grace period of Servicers’ business plans
Featured

Plan to extend grace period of Servicers’ business plans

8 November 2022 Editors

Greece is considering extending a two-year grace period on the recovery goals of securitizations set by servicers, according to sources.…

Servicers: How will they manage 700,000 properties
Featured

Servicers: How will they manage 700,000 properties

1 November 2022 Editors

Servicers are rolling out plans for the management of the approximately 700,000 properties that are tied to bad debt, amounting…

How much did the out-of-court mechanism cost banks and servicers?
Buzz Talk

How much did the out-of-court mechanism cost banks and servicers?

25 October 2022 Editors

Expensive investments on the part of both the banks and the servicers were required to prepare the out-of-court mechanism. As…

Securitization business plans are up in the air
Editorial

Securitization business plans are up in the air

20 October 2022 Editors

It seems that the business plans of securitizations are “up in the air” after the government’s decision not to submit…

Servicers: The double battle to hit business plan goals
Featured

Servicers: The double battle to hit business plan goals

17 October 2022 Editors

Loan management companies are trying to speed up auctions in order to recover a significant part of claims amounting to…

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