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Posted by on Sep 29, 2014 in Corporate News, Press Room

BFS offers thousands of properties in Cavite

BFS offers thousands of properties in Cavite

(PJ Tonight) With major infrastructure in the pipeline in Cavite, property developers and home buyers are rushing to acquire assets in the province, as these projects are expected to pave the way for rapid urbanization. With 41 industrial zones to boot, Cavite will soon host the R-1 extension, Daang-Hari Road (CALA East-West Road), North-South Road, CALA Expressway, LRT – 1 Extension, Ternate- Nasugbu Road and Sangley Point Port Development Project. “These projects will make it more enticing for homeowners to invest in housing because it becomes easier commuting for residents.  There are many housing choices for buyers.  Those working on a budget may opt to acquire a pre-owned property,” say Federico Y. Cadiz, president of BFS. BFS is the country’s only mortgage servicer and special asset management company for highly delinquent loan accounts from the National Home Mortgage Finance Corporation (NHMFC).  It also services loans and portfolios servicing different business segments, and has a number of housing property listings for sale. In Cavite, BFS has a total of 587...

Posted by on Sep 23, 2014 in Corporate News, Press Room

Homeowners affected by typhoon get reprieve

Homeowners affected by typhoon get reprieve

(Manila Bulletin) Homeowners whose properties were damaged by typhoon Glenda have received a reprieve from mortgage servicer Bahay Financial Services (BFS), the country’s only mortgage servicer and special asset management company, for a portfolio of more than 52,000 highly delinquent loan accounts from the National Home Mortgage Finance Corp. (NHMFC). Setting a number of cases resolved in the last two months, BFS resolved a total of 442 cases – 222, in June and 220 in July, through flexible terms and convenient means to safeguard ownership of homes. BFS exhausts all possible means to a “home fix” by coming up with special rates and offers on a case-to-case basis to provide sound advice to clients for speedy case resolutions. Well-trained and equipped to handle cases, BFS, account specialists work to offer to the borrowers the best solution to keep their...

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