2012 September | BFS Corporate

Posted by adminbfs on Sep 27, 2012 in Corporate News, Press Room, Properties News

BFS extends 2D MAX Offer

BFS continues to offer its most aggressive sales discount due to the overwhelming demand for affordable homes. Eligible spot cash buyers may enjoy up to 50% discount on select pre-owned properties nationwide from Metro Manila, Bataan, Bulacan, Cavite, Camarines Norte, Davao, Laguna, Pampanga, Quezon, Rizal, and Tarlac among others. BFS Property Sales has long been offering Pinoys with a cost effective alternative to purchase their own houses. While some of these are still subject to foreclosure and title consolidation proceedings, buyers are presented with a rare opportunity to own the homes at bargain prices. Click on the link below to find out more about our available properties and be on your way to finally owning your home. Click here to learn more about our 2D Max offer. * Prices and discounts are subject to change at any time and do not include closing fees and other charges. ** Discounts apply only to spot cash...

Posted by adminbfs on Sep 26, 2012 in Corporate News, Loan Accounts News, Press Room

BFS Launches PANALO MAX for Balikatan

Mortgage servicing company BFS, Inc. launches its Panalo Max program nationwide for qualified Balikatan borrowers. BFS is the exclusive mortgage servicer and asset manager of Balikatan Housing and Finance, Inc. (BHFI) for its multi-billlion residential loan mortgage portfolio. With Panalo Max, qualified Balikatan borrowers may avail of the opportunity to settle their long outstanding and overdue debts at graduated reduced amounts, even as low as the outstanding principal balance only, with accrued interest and penalties effectively condoned. Balikatan borrowers are encouraged to visit the BFS offices and communicate with their account specialists regarding the details of this unique program. Meanwhile, Balikatan borrowers based abroad as Overseas Filipino Workers (OFWs) may get in touch with their account specialists through B-online, which may be found at the BFS website at www.bfs.com.ph. “We encourage qualified Balikatan borrowers to contact their BFS account specialists within the next few days,” says Maria Louella G. Ilustre, Head of BFS’ Account Management Department. “We are optimistic that qualified borrowers will take advantage of this opportunity to...

Posted by adminbfs on Sep 26, 2012 in Corporate News, Press Room, Properties News

BFS kicks 2D MAX Offer into high gear!

For a limited time only, BFS is offering its most aggressive sales discounts to date! Eligible spot cash buyers may enjoy up to 50% discount on select pre-owned properties starting April 2012. No hassles, no worries. BFS is doing everything to make it easier for you. A pioneer in the local asset management business, BFS Property Sales has been offering Pinoys an economical alternative to purchase their own houses. While some of these are still subject to foreclosure and title consolidation proceedings, buyers are presented with a rare opportunity to own the rights to these pre-owned properties at a steep discount. So what are you waiting for? Click on the link below to find out more about our available properties and be on your way to finally owning your own home. Click here to go to learn more about our 2D Max offer. * Prices and discounts are subject to change at any time and do not include closing fees and other charges. ** Discounts apply only to spot...

Posted by adminbfs on Sep 26, 2012 in Corporate News, Loan Accounts News

BFS Extending Discounts Due to Recent Calamities

Since its initial offering to qualified Balikatan borrowers in April 2012, BFS’ Panalo Max paved the way for thousands of borrowers to settle their existing housing loans and eventually own their homes. Administered by pioneer mortgage servicing company BFS, Panalo Max presents special discounts based on the unique status of each qualified account. “Panalo Max entitles qualified borrowers to avail of massive discounts to resolve their outstanding housing loans,” explains BFS President Federico Y. Cadiz, Jr. “Because of these discounts, qualified borrowers may actually resolve their loans for even below the principal loan amount and without having to pay for interests or penalties.” BFS is extending Panalo Max, taking into account the recent calamities that have affected millions of Filipino families. “The special offer accorded to qualified borrowers under Panalo Max is consistent with BFS’ resolution philosophy, which is to provide positive home equity for Filipinos,” continues Cadiz. “BFS is attuned to the realities faced by borrowers, including financial and social realities, and finds ways to work with them.”...

Posted by adminbfs on Sep 25, 2012 in Corporate News, Press Room

BFS’ Property Management Practices – Benefiting the Communities

Since assuming the role of master servicer for a residential loan portfolio consisting of 52,000 highly delinquent loans acquired by its client from the National Home Mortgage Finance Corporation (NHMFC) in 2005, pioneer mortgage servicing company BFS continues to observe best asset management practices. BFS, through its property management unit, currently manages an inventory of properties abandoned by or foreclosed from delinquent borrowers in now over 200 subdivisions nationwide. This means it has to oversee all aspects of property management to ensure preservation of these properties as well as their renewed marketability. In short, its mandate is to manage, conserve, protect and reintroduce properties to the residential market. BFS’ Property Management Services engages a network of service partners who work with BFS professionals to deploy an army of caretakers and security guards to properties located all over the Philippines. BFS closely works with the local companies and recruits its caretakers from these communities, thus, providing not only employment opportunities locally but assures a smoother interface with local communities and...