PIP Portal
Helping lenders review the performance of their Panel Asset Managers.
Asset Management Services

allows lenders to administer the repossessions process.

The Property in Possession portal allows lenders to administer the repossessions process from the point at which a property comes into a lender’s possession, to disposal.

The system will pick up where xit2’s Repossession Exchange - which coordinates all parties involved in the actual repossession of a property - leaves off.

The portal makes it easier for lenders to manage third party suppliers involved in the process. It links lenders to asset managers and records all the actions they take – from getting quotes for any work that needs to be completed before sale to the advice an asset manager gives the lender on whether a property should be sold via an estate agent or auction.

Included is the production of high quality independent management information, helping lenders review performance of their panel of asset managers and demonstrate that they are treating customers fairly.
Linking lenders to asset managers and record all the actions they take.

xit2 Limited, EDM House, Village Way, Wolverhampton WV14 0UJ    Tel: 01902 406200
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Registered office:  EDM Group Limited, 4th Floor, Queens House, 8-9 Queen Street, London EC4N 1SP
EDM Group is one of the UK’s largest information management providers. We combine business expertise with innovative technology and robust outsourcing capabilities to help leading organisations improve their performance.