CENTRALE ATTIVITA FINANZIARIE

CAF is a servicer managing residential mortgages, commercial loans, and consumer finance loans, both on performing, unlikely to pay loans and non-performing loans, on behalf of third parties. CAF also supplies due diligence advisory services to Italian Banks and international investors. Authorized to performing servicing activities in compliance with art. 115 TULPS and rated by S&P (above average), currently manages throughout Italy a total loan portfolio of € 8.2 billion made up of € 2.7 b... illion in residential and commercial mortgage loans and € 5.5 billion in unsecured and deficiency loans granted to small and midsize enterprises or households. Since 2005, CAF has been appointed as advisors in more than 120 different deals assessing the documentation, gathering information on borrowers and guarantors, data processing and updating on CAF or bank IT system, drafting business plan for each loan, estimating cash-flows and timing. Real estate activities have been performed on distressed assets in parallel with all due diligence process and on each asset linked to loan under management (yearly review). More than 24,000 evaluations on different assets have been carried out: residential, industrial, commercial, hotel, under construction, that have been put up to guarantee distressed loans. With offices in Rome, Milan and Orte, CAF employs more than 190 resources supported by an external network of lawyers, real estate appraisers and brokers, home-collection agencies. The core element of CAF information technology (IT) architecture is its loan management system (MIS).More