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Homeservicers

servicers

Which servicers got a new license, which ones suspended operations
Featured

Which servicers got a new license, which ones suspended operations

2 July 2024 Editors

The Bank of Greece (BoG) has proceeded with the renewal of the license of 10 management companies, while five representatives…

Servicers turn their backs on loan refinancing
Featured

Servicers turn their backs on loan refinancing

21 June 2024 Editors

Servicers appear reluctant to extend business activities to the refinancing of debt being restructured. According to sources and in view…

Servicers to get licenses with asterisks from central bank
Business

Servicers to get licenses with asterisks from central bank

19 June 2024 Editors

The files of servicers are still showing significant deficiencies just ten days before the end of the three-month deadline given…

Servicers answer to ministry fines
Business

Servicers answer to ministry fines

27 May 2024 Editors

“The fines of the Ministry of Development (MoD) concern older cases, that is, before the measures and institutional resolution framework…

Servicers ask for access to debtors’ taxisnet
Featured

Servicers ask for access to debtors’ taxisnet

27 May 2024 Editors

A request has been submitted to the Finance Ministry to gain access to debtors’ taxisnet, according to sources. The servicers…

Servicers: €1.2 billion of loans restructured in Q1
Featured

Servicers: €1.2 billion of loans restructured in Q1

20 May 2024 Editors

Debts totaling more than 90 billion euros concerning 2,271,548 debtors, of which more than 80% no longer burden Greek banks’…

Servicers most active in out-of-court settlements
Experts

Servicers most active in out-of-court settlements

16 May 2024 Editors

The number of loan holders with bad debt requesting a restructuring settlement through the extrajudicial mechanism is increasing rapidly. For…

Servicers submit extra info for central bank license
Finance

Servicers submit extra info for central bank license

14 May 2024 Editors

Supplementary information requested by the Bank of Greece for the re-licensing of servicers will be submitted within the week, in…

Servicers have cured loans worth 6.5 billion euros
Featured

Servicers have cured loans worth 6.5 billion euros

9 May 2024 Editors

Loans, amounting to 6.5 billion euros, out of a total volume of 69.5 billion euros of NPLs  that have been…

Servicer files submitted to central bank incomplete
Featured

Servicer files submitted to central bank incomplete

30 April 2024 Editors

High-ranking sources at the Bank of Greece have expressed concerns about the completeness of the files submitted by servicers in…

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