Proceed Portfolio Services GmbH renders outsourcing services according to the legal regulations of §25a section 2 German Banking Act (“Kreditwesengesetz - KWG”) and under the terms and guidelines of the German Banking Regulatory Authority (“Bundesanstalt für Finanzdienstleistungsaufsicht - Bafin”)

The following services are offered in this context:

Management of (even large) pools of mortgage loans: performing loans, sub-performing loans and non-performing loans including appraisal of the collateralising real estate as well as their marketing and sales.

In this connection especially the following services are offered (not limited) according to the relevant requirements and expectations of the client:

• All activities within the administration of claims and data, storage and administration of collateral documents
• Claim tracking and accounting
• All activities related to the administration of performing and sub-performing loans
• All activities related to the monthly reporting system

• All activities related to the management of non-performing loans, collection and collateral realisation
• Providing information to borrowers. Being contact person for borrowers.
• Analysis and set-up of resolution strategies as well as their implementation
• Appraisals of properties, marketing and sales
• Extra-activities by phone for debt conversion, (discounted) repayment of debt etc.

Optional:

• Forecast of collections, expenses and timing, set-up of portfolio business plans and presentation to the client
• Migration of claim and loan data into the IT system of Proceed Portfolio Services GmbH