2012 September | BFS Corporate

Posted by adminbfs on Sep 25, 2012 in Corporate News, Loan Accounts News

BFS Reaches Out to Balikatan Account Holders Nationwide

Pioneer mortgage servicing company BFS continues to provide ways to reach Balikatan account holders throughout the country. Since assuming the Balikatan portfolio of 52,000 delinquent accounts from the National Home Mortgage Finance Corporation (NHMFC) in 2005, BFS has been working to resolve these long-standing housing loan obligations. BFS has regional coverage that relies on field coverage employing a strategy of periodic face-to-face visits conducted by qualified account specialists, bringing the BFS office to its clients, so to speak. For its Mindanao outreach program, BFS account specialists recently conducted door-to-door visits in General Santos City, Southern Mindanao to discuss resolution programs, pricing, and special offers including its “Panalo Max” campaign. “Panalo Max” is BFS’ most recent offer of affordable settlement pricing to qualified borrowers including 100% waiver of penalties, up to 100% interest condonation, and in some instances, even settlement amounts below principal. “Conducting these monthly field visits is strategic to us rather than just relying on our physical brick-and-mortar presence and online coverage. Our accounts are widely dispersed throughout...

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

BFS Participates in 2012 Housing Fair

BFS, the pioneering mortgage servicing and special asset management company, joined the 2012 Housing Fair held recently at the SMX Convention Center. With a nationwide inventory of pre-owned homes, BFS caters to people who are looking for attractive buys at value for money basement level prices. Says BFS Head of Property Sales Antonio Ortiga, “One of the things that we have to acknowledge in the Philippine housing sector is that not everyone can afford the high prices of homes in the market today. BFS is offering value for money through a wide inventory of idle properties in strategic locations. These are primarily located in developed subdivisions in Laguna, Cavite, Bulacan, Rizal, Caloocan City and Muntinlupa City and are closer to the city centers where the activity is. These present a good and cost-effective alternative, especially for both entry level home buyers and investment buyers, with homes selling at prices ranging from P150,000 to P2,000,000 for a house and lot unit.” BFS extended its 2D Max Program for property buyers...

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

BFS: Legitimizing Homeownership for Thousands of Filipino Families

Pioneer mortgage servicing company BFS has been helping thousands of Filipino families legitimately own their homes since 2005, when it acquired a portfolio of non-performing loans from the National Home Mortgage Finance Corporation (NHMFC). Through the company’s end-to-end mortgage servicing platform, it has helped pave the way for Filipino families to have genuine and legitimate homeownership. Here is a glimpse of the success stories that BFS has helped write through the years. Natividad Policarpio: Bouncing Back from Financial Difficulties Natividad Policarpio is a senior citizen from San Sebastian Heights Subdivision, Tarlac City. She had been remiss in her mortgage payments for a 180-square property as a result of compounding financial difficulties faced by her family. Fully aware of the consequences of not settling her debt, Mrs. Policarpio sought to resolve her housing loan with the help of BFS. “My account specialist helped us every step of the way, up until the release of the Transfer Certificate of Title,” she shares. “She also helped us negotiate a discount. I am...