debtify NPL Blog
Not every loan goes according to plan: there are performance disruptions and with it a workout. Precisely because non-performing loans (NPLs) are not going according to plan, they are difficult to standardize: from the borrower to the property to the circumstances, everything is individual. That's why you need such solutions for the NPL workout. Debtify partner REMCI® Finance GmbH has them in their portfolio. We interviewed REMCI Finance Managing Director Thomas Ehrhardt for the “Servicers introduce themselves” series. "We...
With the debtify edition from FLOWFACT (ImmoScout24 Group), banks and real estate agents can now work together 100% digitally! For banks, this means: You can now make your collaboration much more transparent and easier digitally with direct access to the systems of your exploitation broker. For real estate agents: If you use FLOWFACT, you can completely save yourself all superfluous work such as filling out manual reports, encrypting mail or document exchange. In a webinar with Philipp Uzunay from Flowfact, Jörg Olbing sh...
For a long time it was quiet in the NPL area: hardly any innovation, shrinking workout departments and analog processes. That was a reason for our founders Michael Weinreich and Jörg Olbing to change the industry with debtify. We are pleased that the topic is gradually gaining more media attention: In the latest article about debtify at StartupValley, you will learn the story behind debtify, plans for the future and challenges that debtify and our team had to master along the way. You can find the link here: https://www.st...
Managing your NPL-brokers via fax, telephone and email is not only inefficient and slow: It's also insecure. That's why debtify not only helps you eliminate the paperwork and information asymmetries: It also makes your NPL workout 100% GDPR-compliant. The debtify dashboard gives you extensive data on portfolio value, each property's status and detailed insights into the brokers you hired. In the video below, you can see how simple it is to manage your portfolios and brokers on debtify without sacrificing data privacy: http...
