Our Services
YARD CREDIT & ASSET MANAGEMENT provides high-quality and efficient services that are fully modular and tailor-made
The activities include analysis, evaluation and due diligence of both the credit and the property as guarantee forf the credit, pricing and business planning of credit portfolios during the acquisition, out-of-court and judicial management of the same, up to the repossessing and subsequent resale of the assets on the market. Data quality activities central to all services offered, both on its own management system and on the client platforms.
In addition to its core and integrated services, YARD CREDIT & ASSET MANAGEMENT also offers support in providing document services within the NPE market, both in the NPL and UTP segments, guaranteeing assistance to asset managers, loan managers and the lawyers of the main servicers in their credit recovery activities and supporting them in the retrieval and analysis of hypo-catastical and technical documentation. It also provides data remediation and data maintenance services, in onboarding projects or collateral datatape management, adopting processing standards compliant with the regulator's instructions and using strict and transparent ICT criteria, as required by Bankit.
-
Acquisition Phase – Due Diligence
The service includes all analysis, valuation and business planning activities relating to secured single name or secured portfolios of NPE. It covers at a top level all the phases of the process in the different forms the service may have (Balance Business Planning, Acquisitive Due Diligence, Vendor Due Diligence), guiding the client from the first to the last step: from the organisation of the Data Room to portfolio pricing.
Key Point
- Legal analysis of receivables and procedures
- Technical analysis of the guarantees and property valuation for bidding
- Judicial Business Plan with sensitivity analysis
- Portfolio optimisation and support in the pricing phases
- Legal analysis of receivables and procedures
-
Credit Management
The service includes the complete management of all types of distressed credits (UTP and NPL from banks, leasing, etc.) secured and unsecured, throughout Italy: from the contact with the debtor to the identification and implementation of all the possible out-of-court strategies, from the legal procedures management to the technical supervision of the real estate securities.
Key Point
- Post-acquisition Due Diligence and Business Planning for NPE management
- Out-of-court and legal management
- Analysis and monitoring of mortgages
- Activation of the territorial commercial network for Auction Facilitation and out-of-court transactions
- Post-acquisition Due Diligence and Business Planning for NPE management
-
Portfolio Monitoring & Reporting
The service consists of the monitoring of all processes related to portfolio management and in the processing of all reports provided to Noteholders, Investors, Master Servicers, internal Management.
Key Point
- Verification of database consistency/Analysis of the data present on the platform - constant data quality activity
- Business Plan elaboration
- Portfolio analysis, clustering and stratification to support the correct strategy
- Monitoring of KPIs requested by Clients
- Verification of internal management procedures, AML, active and passive cycle of portfolios under management
- Verification of database consistency/Analysis of the data present on the platform - constant data quality activity
-
REO processes
A REO (Real Estate Owned) Operation involves the purchasing of a real estate asset at a judicial auction and its value enhancement and re-sale on the free market, in order to optimise the recovery of the associated debt. It is a complex operation involving various phases of actuation: from the preliminary analysis to the participation in the auction, from the taking charge of the property to its resale.
Key Point
- Support the start-up and governance of a REO vehicle (REOCo)
- Legal, technical and commercial Due Diligence of a real estate lot destined for a REO operation
- Auction participation Management
- Taking charge of the real estate and Property services
- Value enhancement and resale on the free market
- Portfolio monitoring, early warning about asset depreciation risks, programming and management of activities and of approval committees
- Support the start-up and governance of a REO vehicle (REOCo)
-
Advisory on the Sale of Secured Loan Portfolios
The service aims to determine the value of a portfolio of non-performing loans secured by properties for the future sale, to prepare the sample for the bidding and support its organisation.
Key Point
- Mapping and clustering of secured credits by legal, judicial and real estate status
- Valuation and complete Vendor Due Diligence of a sample of credits
- Definition and optimisation of the perimeter of the sale
- Sampling of the items for the bidding
- Preparation of the Data Room and support for the organisation of the bidding
- Mapping and clustering of secured credits by legal, judicial and real estate status
-
NPL Pre-Assessment Portfolio
The service allows to swiftly have a view of the values at stake, the stratifications, the opportunities and the risks relating to a portfolio of non-performing loans in the first approach. The service gathers all the activities of analysis, valuation and sensitivity that are part of our range of instruments, in conformity with the timeline and budget expected by our clients.
Key Point
- Consistency analysis of the available database and programming of the detailed activities
- Study of the data and portfolio clustering
- Checking congruity of real estate valuations and sampling
- Preliminary Business Plan summary and sensitivity analysis
- First Risk Assessment and planning
- Consistency analysis of the available database and programming of the detailed activities
-
Support for Credit and/or Assets AIFs
The service offers comprehensive support to the savings management company and/or the Advisor in the phase of setting up Funds to contribute credits and/or properties of banks and financial institutions. These projects require high expertise, both technical-real estate (for real estate assets and real estate guarantees) and technical-legal (for secured credits). YARD CAM offers a full support in all stages of the service: from the feasibility analysis to the constitution and the management.
Key Point
- Assistance in the constitution of the fund
- NPE Due Diligence and real estate valuation
- Business Plan and composition of the portfolio
- UTP and NPL management
- Analysis and management of REO operations aiming to transfer real estate assets to the fund
- Property Management services, value enhancement and sale of the real estate assets on the free market
- Assistance in the constitution of the fund
-
Ordinary support services for recovery procedures
Ordinary procedural support services supporting extrajudicial and judicial credit recovery activities, alongside the legal management of unsecured and secured credits, in bankruptcy and/or enforcement proceedings.
Key Point
- Hypo-cadastral certificate for legal use
- 20-years hypo-cadastral certificate
- Transcription/registration/cancellation/renewal of formalities (voluntary and judicial mortgages, foreclosures, etc.)
- Substitute notarial certification
- Hypo-cadastral certificate for legal use
-
Massive data management/data remediation/data enrichment services
Massive data management/data remediation/data enrichment services support the hypocatastical data remediation activities of datatapes in order to define the up-to-date cadastral perimeter and any mortgage formalities of origin, as well as the data remediation activities of datatapes of real estate guarantees aimed at ascertaining the mortgage grade and comparing the residual value of the assets with the purchase one. Full support is guaranteed to asset managers and loan managers, providing data remediation and data maintenance services, in onboarding projects or management of collateral datatapes, adopting processing standards compliant with the Regulator's instructions and using rigorous and transparent ICT criteria, as required by Bankit (Circular 285/2013,Part I, Title IV, Chapters 3,4,5).
Key Point
- Massive datatapes assessment for portfolios onboarding
- Massive datatapes for addresses verification
- Data remediation - Reconstruction of hypo-cadastral perimeters
- Credit Origination - Documentary retrievals from public sources preparatory to expert appraisals
- Massive datatapes assessment for portfolios onboarding
Basic services for npe management
Acquisition Phase – Due Diligence
The service includes all analysis, valuation and business planning activities relating to secured single name or secured portfolios of NPE. It covers at a top level all the phases of the process in the different forms the service may have (Balance Business Planning, Acquisitive Due Diligence, Vendor Due Diligence), guiding the client from the first to the last step: from the organisation of the Data Room to portfolio pricing.
KEY POINTS
Legal analysis of receivables and procedures
Technical analysis of the guarantees and property valuation for bidding
Judicial Business Plan with sensitivity analysis
Portfolio optimisation and support in the pricing phases
Credit Management
The service includes the complete management of all types of distressed credits (UTP and NPL from banks, leasing, etc.) secured and unsecured, throughout Italy: from the contact with the debtor to the identification and implementation of all the possible out-of-court strategies, from the legal procedures management to the technical supervision of the real estate securities.
KEY POINTS
Post-acquisition Due Diligence and Business Planning for NPE management
Out-of-court and legal management
Analysis and monitoring of mortgages
Activation of the territorial commercial network for Auction Facilitation and out-of-court transactions
Portfolio Monitoring & Reporting
The service consists of the monitoring of all processes related to portfolio management and in the processing of all reports provided to Noteholders, Investors, Master Servicers, internal Management.
KEY POINTS
Verification of database consistency /Analysis of the data present on the platform - constant data quality activity
Business Plan elaboration
Portfolio analysis, clustering and stratification to support the correct strategy
Monitoring of KPIs requested by clients
Verification of internal management procedures, AML, active and passive cycle of portfolios under management
Integrated services for npe management
REO Processes
A REO (Real Estate Owned) Operation involves the purchasing of a real estate asset at a judicial auction and its value enhancement and re-sale on the free market, in order to optimise the recovery of the associated debt. It is a complex operation involving various phases of actuation: from the preliminary analysis to the participation in the auction, from the taking charge of the property to its resale.
KEY POINTS
Support the start-up and governance of a REO vehicle (REOCo)
Legal, technical and commercial Due Diligence of a real estate lot destined for a REO operation
Auction participation Management
Taking charge of the real estate and Property services
Value enhancement and resale on the free market
Portfolio monitoring, early warning about asset depreciation risks, programming and management of activities and of approval committees
Advisory on the Sale of Secured Loan Portfolios
The service aims to determine the value of a portfolio of non-performing loans secured by properties for the future sale, to prepare the sample for the bidding and support its organisation.
KEY POINTS
Mapping and clustering of secured credits by legal, judicial and real estate status
Valuation and complete Vendor Due Diligence of a sample of credits
Definition and optimisation of the perimeter of the sale
Sampling of the items for the bidding
Preparation of the Data Room and support for the organisation of the bidding
NPL Pre-Assessment Portfolio
The service allows to swiftly have a view of the values at stake, the stratifications, the opportunities and the risks relating to a portfolio of non-performing loans in the first approach. The service gathers all the activities of analysis, valuation and sensitivity that are part of our range of instruments, in conformity with the timeline and budget expected by our clients.
KEY POINTS
Consistency analysis of the available database and programming of the detailed activities
Study of the data and portfolio clustering
Checking congruity of real estate valuations and sampling
Preliminary Business Plan summary and sensitivity analysis
First Risk Assessment and planning
Support for Credit and/or Assets AIFs
The service offers comprehensive support to the savings management company and/or the Advisor in the phase of setting up Funds to contribute credits and/or properties of banks and financial institutions. These projects require high expertise, both technical-real estate (for real estate assets and real estate guarantees) and technical-legal (for secured credits). YARD CAM offers a full support in all stages of the service: from the feasibility analysis to the constitution and the management.
KEY POINTS
Assistance in the constitution of the fund
NPE Due Diligence and real estate valuation
Business Plan and composition of the portfolio
UTP and NPL management
Analysis and management of REO operations aiming to transfer real estate assets to the fund
Property Management services, value enhancement and sale of the real estate assets on the free market
Document services for the npe market
Ordinary support services for recovery procedures
Ordinary procedural support services supporting extrajudicial and judicial credit recovery activities, alongside the legal management of unsecured and secured credits, in bankruptcy and/or enforcement proceedings.
KEY POINT
Hypo-cadastral certificate for legal use
20-years hypo-cadastral certificate
Transcription/registration/cancellation/
renewal of formalities (voluntary and judicial mortgages, foreclosures, etc.)
Substitute notarial certification
Massive data management/data remediation/data enrichment services
Massive data management/data remediation/data enrichment services support the hypocatastical data remediation activities of datatapes in order to define the up-to-date cadastral perimeter and any mortgage formalities of origin, as well as the data remediation activities of datatapes of real estate guarantees aimed at ascertaining the mortgage grade and comparing the residual value of the assets with the purchase one. Full support is guaranteed to asset managers and loan managers, providing data remediation and data maintenance services, in onboarding projects or management of collateral datatapes, adopting processing standards compliant with the Regulator's instructions and using rigorous and transparent ICT criteria, as required by Bankit (Circular 285/2013,Part I, Title IV, Chapters 3,4,5).
KEY POINT
Massive datatapes assessment for portfolios onboarding
Massive datatapes for addresses verification
Data remediation - Reconstruction of hypo-cadastral perimeters
Credit Origination - Documentary retrievals from public sources preparatory to expert appraisals
