Rent To Buy: this is how I save my mortgage

L'Economia, the financial supplement of Corriere della Sera, features an in-depth article on ‘My Social Impact’, the social securitisation initiative launched by MyCredit to help families and businesses meet their mortgage commitments and enable banks to reduce their NPE ratio, i.e. the ratio between non-performing loans and total loans granted. Mirko Tramontano, CEO of MyCredit, explained that the non-performing loans covered by the initiative are mainly related to mortgages taken out by Italian families and small businesses. Thanks to the involvement of various institutions, the social securitisation initiative has become a replicable and sustainable tool over time.