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Posted by on Jun 19, 2014 in Corporate News, Loan Accounts News

Loan Settlement Program Launched for Borrowers in Extreme Poverty

Loan Settlement Program Launched for Borrowers in Extreme Poverty

(Business Mirror) BFS, the exclusive mortgage servicer and asset manager of Balikatan Housing Finance Inc. for its multi-billion peso residential loan mortgage portfolio, recently launched its Social Window Program (SWP)for account holders who have been experiencing difficulties settling their loans due to extreme proverty or serious illness. SWP aims to provide Balikatan account holders more options in settling their loans.  Borrowers who believe they qualify should apply to the program if they can show proof of their hardship. “Some are trying their best to save their homes, but cannot make it happen because of extreme difficulties.  Through SWP, we are giving concessions to those who have difficulty making ends meet, and we have been doing our utmost to help our account holders meet their obligations” BFS President Federico Cadiz said. BFS is the mortgage servicer of 52,000 delinquent loans from the National Home Mortgage Finance Corporation with more than half of the total number...

Posted by on Jun 16, 2014 in Corporate News, Loan Accounts News

Loan Settlement Program Launched for Borrowers in Extreme Poverty

Loan Settlement Program Launched for Borrowers in Extreme Poverty

(The Philippine Star) BFS, the exclusive mortgage servicer and asset manager of Balikatan Housing Finance Inc. for its multi-billion peso residential loan mortgage portfolio, recently launched its Social Window Program (SWP)for account holders who have been experiencing difficulties settling their loans due to extreme proverty or serious illness. SWP aims to provide Balikatan account holders more options in settling their loans.  Borrowers who believe they qualify should apply to the program if they can show proof of their hardship. “Some are trying their best to save their homes, but cannot make it happen because of extreme difficulties.  Through SWP, we are giving concessions to those who have difficulty making ends meet, and we have been doing our utmost to help our account holders meet their obligations” BFS President Federico Cadiz said. Established in 2005, BFS helps delinquent borrowers resolve their accounts when their residential home loans become delinquent.  It offers different options to avoid foreclosure, which include basing resolution amounts on current appraised values instead of outstanding principal balances,...

Posted by on Jun 16, 2014 in Corporate News, Loan Accounts News, Press Room

Loan Settlement Program Launched for Borrowers in Extreme Poverty

Loan Settlement Program Launched for Borrowers in Extreme Poverty

(Manila Bulletin) BFS, the exclusive mortgage servicer and asset manager of Balikatan Housing Finance Inc. for its multi-billion peso residential loan mortgage portfolio, recently launched its Social Window Program (SWP)for account holders who have been experiencing difficulties settling their loans due to extreme proverty or serious illness. SWP aims to provide Balikatan account holders more options in settling their loans.  Borrowers who believe they qualify should apply to the program if they can show proof of their hardship. “Some are trying their best to save their homes, but cannot make it happen because of extreme difficulties.  Through SWP, we are giving concessions to those who have difficulty making ends meet, and we have been doing our utmost to help our account holders meet their obligations” BFS President Federico Cadiz said. Established in 2005, BFS helps delinquent borrowers resolve their accounts when their residential home loans become delinquent.  It offers different options to avoid foreclosure, which include basing resolution amounts on current appraised values instead of outstanding principal balances, and...

Posted by on Jun 12, 2014 in Corporate News, Loan Accounts News

Loan Settlement Program Launched for Borrowers in Extreme Poverty

Loan Settlement Program Launched for Borrowers in Extreme Poverty

(People’s Journal Tonight) BFS, the exclusive mortgage servicer and asset manager of Balikatan Housing Finance Inc. for its multi-billion peso residential loan mortgage portfolio, recently launched its Social Window Program (SWP)for account holders who have been experiencing difficulties settling their loans due to extreme proverty or serious illness. SWP aims to provide Balikatan account holders more options in settling their loans.  Borrowers who believe they qualify should apply to the program if they can show proof of their hardship. “Some are trying their best to save their homes, but cannot make it happen because of extreme difficulties.  Through SWP, we are giving concessions to those who have difficulty making ends meet, and we have been doing our utmost to help our account holders meet their obligations” BFS President Federico Cadiz said. Established in 2005, BFS helps delinquent borrowers resolve their accounts when their residential home loans become delinquent.  It offers different options to avoid foreclosure, which include basing resolution amounts on current appraised values instead of outstanding principal balances,...

Posted by on Jun 10, 2014 in Corporate News, Loan Accounts News, Press Room

Thousands of Balikatan Borrowers Qualify for New BFS Offer

Thousands of Balikatan Borrowers Qualify for New BFS Offer

In the wake of the latest special offer of BFS for Balikatan clients, each borrower should contact his/her Account Specialists immediately to determine if he/she is among those who qualify for the outstanding savings being offered.  The HOME SAVER OFFER provides the most affordable BFS offer to date for a limited time only.  Qualified borrowers will be informed about their customized HOME SAVER OFFER by mail and through calls from their Account Specialists.  If they do not receive a letter or a call, they should contact BFS and inquire about the program. “We believe in helping those accountholders who want to help themselves,” says BFS.  “We have resolved more than 28 thousand accounts to date.  Those who were willing to work out solutions with us to own their homes are now proud homeowners.” BFS is committed to exhaust all possible avenues in order for its accountholders to save their homes; one such alternative are special offers they provide to those still in default.  This program offers to counter the...

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