NPL&REO News

Collection agencies to start selling distressed loans back to banks

Debt collection agencies will start selling back to the banks portfolios of distressed loans that have been put back on a payment schedule.

The first such transaction, by loan recovery fund doValue, involves a portfolio of €100 million in mostly mortgages and is expected to take place late in 2022 or early 2023.

Original Story: Kathimerini | Newsroom 
Photo: Photo by Takis Kolokotronis in FreeImages
Edition: Prime Yield

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