We are the first
company in Italy to build value
in the NPL market
What are we?
We are an Instant Buyer of distrained and auctioned properties. Our evaluation is based on a proprietary algorithm that enables procedures for the total redemption of debt to be started within 24 hours
Regain your
freedom
on the property market.
Our
proprietary
algorithm
Thanks to the experience of our founders and the projects already realized, Noowe has devised and developed a unique analytical algorithm. The source codes and formula are owned by the same company.
It is based on a combination of artificial intelligence and API, of big data and open big data which carries out the analysis of executive procedure and a thorough valuation of the property with the AVM system (Automated Valuation Model).
A precise, detailed analysis of territorial and geopolitical as well as market factors enables us to assess the feasibility of the operation itself within 24 hours, to put together an adequate closing strategy within 7 days and define closing procedures consisting in the purchase of the property and settling debts, thus freeing the owner from indebtedness within 30 days.
Organigram
company
structure
The business is centered on a Protech made up of a company supported by a SPV, a Reoco 7.2, a Reoco 7.1 and an estate agency.
Board of
Directors
Start
Giuseppe
Gatti
Silvano
Mombelli
Mirko
Frigerio
Gabriele Billitti
Counselor
Valeria Patelli
Counselor
Gianluigi Chiaro
Counselor
Avv. Fausto
Porcù
Counselor
Prof. Stefano
Bresciani
Counselor
Our
Ethical
Scientific
Committee
Is made up of important Italian academics and representatives of prominent associations in the field of ethics.
Its task is to draw up guidelines that will enable us to determine whether the borrower is worthy of redeeming his social status and whether he is able to maintain the residence that will be bought by the company, integrated in a REOCO 7.2 and by means of a Rent and Buy formula will allow the ex- borrower who is now debt-free, to purchase ownership of the property at an established time while continuing to live there.
The role of this committee will also be to interface with the institutions and write studies and articles to draw attention to the social problem caused by procedures in the housing sector.
Lines
of Business
Purchase of
NPL credits
This line of business continuously applies the model of analysis and purchase of credit lines that must have certain characteristics to be admitted.
- Building performance
- Borrower a natural person
- Agree to residential property
- Landed property loan
- Currently no more than three building sites
- GBV above the value of CTU
The analysis algorithm is able to process up to 700 positions every 24 hours so the passage to scouting at NBO is immediate and enables us to spend more time on a thorough Legal DD in order to give a precise evaluation that is “acceptable” as it is based on the credit trend in time and the guarantees below.
Instant Buyer of
auctioned houses
Thanks to the ownership algorithm, this model enables us to examine the feasibility of conducting a short sale purchase of the property with a notable discount by balancing credits and eliminating all debts incurred in the process, thus freeing the debtor of all creditors, extinguishing the executive procedure by delivering an acquittance that will enable the present owner of the property to be rehabilitated from a credit point of view by being removed from the list of risky clients drawn up by the Banca d’Italia and at SIA.
The process provides for:
- analysis of the file, evaluation of the property using the ownership algorithm and pre-verification of feasibility
- negotiation to eliminate all procedural debts
- payment of all debts and contextual purchase of property, extinction of procedure
- verification by the Ethical/ Scientific Commission, assessment of a possible Rent to Buy
- resale of the property on the free market following an operation of real estate renovation
Investments
An investment in the core business of over 3 billion in the first 10 years
An investment of 200,000 euros a year in innovative start ups creating and developing products and services that are related and/or useful to the core business
Opportunity
The creators of the business project are interested in sharing the initiative.
Contact us for information!
Copyright 2022 © NOOMERY S.R.L. | Via Bagutta 13 – 20121 Milano (MI) | P.IVA: 11267420963