SYHO stands for Save Your Home, a benefit corporation under the Italian Law, formed as a spinoff of one of the first and largest debt advice organizations in Italy.
Unpaid mortgages are for sure the main debt of most of the over indebted families and consumers, and SYHO represents the very first Social Securitization under the Italian Securitization Law.
SYHO drives institutional and professional investors to funding ESG rated supervised special purpose vehicles, involving insolvent consumers in the real estate non performing mortgage securitization process.
The very unique value proposition is the fact that over indebted families can now get their unpaid mortgages fully paid off and stay at their home with a medium term plan to repurchase it (rent-to-buy scheme) or sell it at the market price (rent-to -sell scheme), running to get an excess price over the gross book value of the debts). No credit collection, no pending non performing loans, no distressed properties, no auctions, no insolvency procedures.
Debtors have a new and unique, fast and effective way out from overindebtness and financial inclusion.
Creditors have a new alternative, socially responsabile, efficient and convenient collection method, based on the very well known NPL Securitization model.
Investors looking for ESG investment solutions can now choose a real social impact investment. Sustainable finance and fighting against overindebtness are the mission of Save Your Home.
