Proceed Portfolio Services GmbH handles large mortgage loan portfolios. Furthermore the company acquires mortgage loan portfolios on its own book and renders advisory services for third parties with respect to portfolio due diligence and portfolio valuation.

The company is a bank- and investor-independent servicer with references from several principals from the german credit economy (banks, cooperative banks, savings banks and building societies).

The amount of claims taken over so far is more than 5 billion Euro, thereof about 3.3 billion from mortgage-secured loans.

Within the workout of the properties Proceed Portfolio Services GmbH is characterised by:

• Access to a Germany-wide broker-network and real estate service partners for valuation, marketing and sale of real estate
• Extensive database of real estate investors
• Headquarter in Essen
  
  
• Member of Federal Association of Collection Agencies in Germany (“Bundesverband Deutscher Inkassounternehmen e.V. - BDIU”)
• Registered Collection Servicer according to §10 para 1 No 1 German Act of Legal Advice (“Registrierter Inkassodienstleister nach § 10 Abs.1 Nr.1 RDG”)
• Broker license: permission according to §34c Industrial Code (“Gewerbeordnung - GewO”)