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Bahay Financial Services, Inc. is a pioneering multi-national mortgage servicing platform that combines functional competencies in Mortgage Finance Origination and Credit Underwriting, Loan Servicing, Default Management, Property Management and Secondary Market Development.
As a comprehensive business proposition covering the entire mortgage servicing life cycle, BFS has specifically addressed the following Key Success Areas:
- A management team of seasoned professionals, fully knowledgeable and equipped with broad experience in portfolio management
- Development of and adherence to best-practice policies, controls and procedure
- Development and implementation of best-practice servicing methodologies in the areas of:
• Mortgage Loan Origination and Underwriting for a better Credit Culture
• Loan Servicing and
• Default Management
- Development of a secondary market for mortgage paper underwritten and serviced to internationally-rated standards
- Using specialized and efficient technology applied to manage the processing of a high volume of information, ensuring a high degree of transactional efficiency and integrity
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Entering into strategic partnerships with like-minded professional entities.
A first mover in this industry, BFS adheres to international standards and best practices that are customized for local market conditions.
Our Present Portfolio
Engaged by Balikatan Housing Finance, Inc. (BHFI), BFS currently manages and services a portfolio of non-performing residential mortgage loans with an outstanding principal balance of more than P13 billion. The portfolio, covering more than 52,000 accounts and spanning more than 50 provinces, was acquired by BHFI from the National Home Mortgage Finance Corporation (NHMFC) in a ground-breaking joint venture.  |
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