SPECIAL SERVICING

Special servicing is our core competence. We are experts in the servicing of mortgage-backed non-performing loans. Crown’s extensive activity in this field began in the US Savings and Loans crisis.

Our specialized know-how in the management and recovery of distressed debt is your competitive advantage. Our priority is to achieve maximum returns for you by

maintaining continuous, personal contact with the borrower
using our extensive knowledge of the real estate market and foreclosure procedures
cultivating a quality, trusting business relationship with our clients

Our specialists are highly skilled and possess bank, servicing and real estate experience. Effective negotiating skills and the “right touch” are the result of our daily dealings with distressed debt. High ethical standards lie at the centre of our borrower negotiations and our goal is to achieve optimal solutions for all parties involved.

We can work-out your non-performing loan portfolios and non-performing single names in the private and corporate banking sector. You can choose between an outsourcing solution and avail only our services or a trust solution and rent the balance of Crown Westfalen Bank. This is of particular advantage for sub-performing loans.

Our specialised IT-system grants you transparency and control of our services. Furthermore, it allows us to meet the extensive reporting needs of our national and international business partners.

You can rely on our expertise in the following areas:

Asset and risk analysis
Development and implementation of suitable strategies
e.g. restructuring and rescheduling analyses, discounted pay-off, voluntary sale, foreclosure
Property disposition (incl. real estate owned solutions and web-based marketing via www.crown-realestate.eu)

Andreas Flechtner
Head of Credit Servicing
+49 234 616-4123
andreas.flechtner@crownwestfalen.com