Following a successful beta phase and positive market feedback, banks, servicers, investors and other creditors can now request Debitos’ Recovery & Assessment Report for individual Stage 2 and Stage 3 credit exposures, including unlikely-to-pay (UTP) cases, secured by residential or commercial real estate in Germany, Italy and Greece.
Frankfurt am Main, 23 October 2026 – Debitos is making its Recovery & Assessment Report available as a standalone service, expanding access beyond transactions and Premium Investors on its digital secondary debt marketplace.
The new service is designed for banks, loan servicers, investors and other creditors seeking a structured analytical view of individual Stage 2 and Stage 3 credit exposures, including unlikely-to-pay (UTP) cases, secured by residential or commercial real estate. Reports can initially be requested for individual exposures in Germany, Italy and Greece.
The standalone launch follows the completion of the beta phase of Debitos’ AI-assisted assessment reports. During the beta phase, Premium Sellers and Premium Investors provided valuable feedback that helped Debitos further refine the reports, their analytical focus and their usability.
Feedback was consistently positive and also highlighted demand for this type of analysis beyond an ongoing transaction on the Debitos platform. As a result, Debitos is now opening its Recovery & Assessment Report to the wider market as a standalone service.
From transaction feature to standalone Recovery & Assessment Report
Debitos introduced its AI-assisted Recovery & Asset Assessment Reports in September 2026 to give Premium Investors a faster and more structured way to analyse complex real estate-secured credit exposures. [debitos.com]
The initial reports consolidated information on the credit exposure, collateral and underlying property, legal and enforcement status, market context, risks and indicative recovery scenarios. Depending on the available information, the reports could also include regional real estate market indicators, comparable property listings, present-value and sensitivity analyses as well as assessments of potential recovery timelines. [debitos.com]
With the transition to a standalone service, this analytical approach is no longer limited to investors assessing an exposure offered through the Debitos marketplace.
A bank, servicer, investor or other creditor can now request a Recovery & Assessment Report for an individual real estate-secured credit exposure without having to initiate a sales process on the Debitos platform.
From Stage 2 and UTP to Stage 3: earlier visibility on credit exposures
The Recovery & Assessment Report is available for Stage 2 and Stage 3 exposures, including UTP cases.
This extends the potential application beyond traditional non-performing loan sale processes and allows institutions to obtain an additional recovery and market perspective at different stages of credit deterioration.
For banks, this means that an assessment does not have to begin only once an exposure has reached an advanced stage of distress or has already been selected for sale.
Instead, the Recovery & Assessment Report can also be used while an institution is assessing its strategy for an exposure and wants greater transparency around questions such as:
- the value and marketability of the underlying residential or commercial real estate;
- potential recovery proceeds under different scenarios;
- expected recovery timelines;
- the Net Present Value of expected recoveries;
- available real estate and transaction comparables;
- key risks and information gaps; and
- the economics of alternative recovery or transaction scenarios.
This enables banks to introduce a market-oriented recovery perspective into their assessment of Stage 2, UTP and Stage 3 exposures, before a potential transaction process has been initiated.
What is a real estate-secured credit exposure worth today?
The standalone service addresses a fundamental question for institutions managing deteriorating and non-performing credit exposures:
What could this exposure be worth in today’s market?
For banks in particular, that question goes beyond the latest valuation of the underlying property.
Assessing a distressed credit exposure requires a broader perspective on the relationship between the collateral, expected recovery proceeds, potential recovery timelines, associated costs and risks, and current market conditions.
The Recovery & Assessment Report brings these different dimensions together in a structured analytical framework.
Depending on the available information and characteristics of the individual exposure, the analysis can include:
- key information on the credit exposure and collateral;
- analysis of the underlying residential or commercial property;
- technical information relating to the property;
- relevant legal and procedural information;
- current enforcement and recovery status;
- regional real estate market and pricing indicators;
- publicly available comparable properties and market evidence;
- assessment of the plausibility of documented collateral values;
- indicative gross and net recovery scenarios;
- present value and sensitivity analyses;
- indicative recovery timelines;
- key risk and data-quality factors;
- material information gaps; and
- areas requiring additional legal, technical, financial or commercial due diligence.
These analytical elements build on the methodology developed during the beta phase. Debitos’ original reports explicitly distinguish documented information, analytical assumptions and matters requiring additional verification. [debitos.com]
Combining NPV analysis with real estate and transaction market context
One area of particular interest for banks is the Net Present Value (NPV) of a credit exposure and how assumptions regarding the underlying collateral compare with current real estate market evidence.
An existing property valuation provides an important input. For the assessment of a distressed or non-performing exposure, however, institutions may also want to understand the relationship between collateral value, expected recovery proceeds, timing and prevailing market conditions.
This is where Debitos adds an additional market perspective.
The methodology developed during the beta phase draws, where relevant, on publicly accessible real estate portals and market sources. This can include regional asking prices, comparable listings, property size, location and visible supply. For larger, specialised or higher-value properties, the methodology goes beyond simple price-per-square-metre comparisons and considers factors such as total transaction value, comparable supply, asset condition, location and the potential buyer pool. [debitos.com]
Public listing information reflects asking prices rather than completed transactions. It therefore does not replace independent valuations, verified local transaction comparables or professional real estate advice. [debitos.com]
The objective of the Recovery & Assessment Report is consequently broader than producing another isolated property value. It provides creditors with an additional analytical perspective on the potential recovery and present value of the credit exposure itself.
Built on Debitos’ experience from more than 5,000 NPL transactions
The assessment also draws on Debitos’ experience in the European secondary debt market.
Debitos has gained experience from more than 5,000 non-performing loan transactions. This transaction experience forms an important foundation for its analytical services and is combined with AI-assisted document and market analysis. [debitos.com]
During the beta phase, this approach was designed to help investors identify material risks, information gaps and key due diligence questions earlier in the process. [debitos.com]
Making the Recovery & Assessment Report available independently from a transaction now allows banks, servicers, investors and other creditors to access this perspective at an earlier point in the credit lifecycle.
Supporting recovery, hold and potential sale assessments
The value of the Recovery & Assessment Report is therefore not limited to situations in which an NPL has already been earmarked for sale.
For banks, the service can be used across Stage 2 and Stage 3 exposures, including UTP cases, providing an additional analytical perspective while an exposure is still being actively managed.
A structured analysis of expected recoveries, timing assumptions, collateral, current real estate market conditions and Net Present Value can provide additional input when considering the future treatment of an exposure.
An institution may still be evaluating whether to continue its existing recovery strategy, investigate alternative recovery scenarios or consider a potential sale.
Where a sale is ultimately considered, Debitos’ experience as a European secondary debt marketplace and digital loan transaction platform provides an additional transaction-market perspective. Debitos connects sellers with professional investors and supports structured sales processes for loan portfolios and individual credit exposures. [debitos.com]
Available for Stage 2, UTP and Stage 3 exposures in Germany, Italy and Greece
The standalone Recovery & Assessment Report is initially available for individual Stage 2 and Stage 3 credit exposures, including UTP cases, secured by residential or commercial real estate in Germany, Italy and Greece.
The service is aimed at:
- banks and other credit institutions reviewing individual Stage 2 and Stage 3 exposures;
- loan servicers assessing UTP and NPL recovery cases;
- professional investors analysing existing or prospective credit exposures; and
- other creditors seeking an additional recovery and market perspective on real estate-backed claims.
Importantly, the service can be requested independently of an NPL sale or loan portfolio transaction on the Debitos marketplace.
“The beta phase showed us that the value of these reports goes beyond supporting investors during a transaction. Banks want greater transparency on their credit exposures much earlier, including Stage 2, unlikely-to-pay and Stage 3 cases. They want to understand the potential recovery value, how the Net Present Value changes under different assumptions and how the underlying real estate compares with the current market. By offering our Recovery & Assessment Report as a standalone service, we are making Debitos’ transaction experience and market perspective available much earlier in the credit lifecycle.”
Timur Peters, CEO of Debitos
From NPL market experience to actionable analysis
Opening the Recovery & Assessment Report as a standalone service represents the next step in Debitos’ development of analytical services for the European credit and NPL market.
The original beta service was designed to help Premium Investors navigate complex real estate-secured credit files more efficiently by combining structured information with AI-assisted analysis, market context and indicative recovery scenarios. [debitos.com]
Following the completion of the beta phase and feedback from Premium Sellers and Premium Investors, this analytical approach is now being made available to a wider group of professional market participants.
Instead of accessing Debitos’ analytical capabilities only once a credit exposure has entered a transaction process, banks, servicers, investors and other creditors can now request a Recovery & Assessment Report independently for an individual Stage 2, UTP or Stage 3 exposure.
For holders of real estate-secured credit exposures in Germany, Italy and Greece, the analysis can therefore begin before any decision to sell:
What is the potential recovery value of this exposure today, and which assumptions determine that value?
Request a Recovery & Assessment Report
Banks, servicers, investors and other creditors interested in obtaining an assessment for a real estate-secured Stage 2, UTP or Stage 3 exposure can find further information on the Debitos Recovery & Assessment Report page.
Disclaimer
Read the orginal article: https://www.debitos.com/news/debitos-makes-its-recovery-assessment-report-available-as-a-standalone-service/
