TwitterFacebookRss
Pages Menu

Posted by on Dec 22, 2014 in Corporate News, Loan Accounts News, Press Room

BFS issues reminders to delinquent Mindanao Balikatan account holders

BFS issues reminders to delinquent Mindanao Balikatan account holders

(Philippine Daily Inquirer)   BFS, a mortgage servicer and special asset management company, calls on homeowners from Mindanao to avail of all possible mortgage financing options to avoid foreclosure.   BFS handles the Balikatan portfolio of more than 52,000 highly delinquent loan accounts from the National Home Mortgage Finance Corporation (NHMFC). It has recently reached out to delinquent loan borrowers in Southern Mindanao (Compostela Valley, Davao del Norte, Davao del Sur, and Davao Oriental) Northern Mindanao (Bukidnon, Lanao del Norte, Misamis Oriental), Central Mindanao (North Cotabato, South Cotabato, Sultan Kudarat), CARAGA (Agusan del Norte, Agusan del Sur, Surigao del Norte, Surigao del Sur), Western Mindanao (Basilan, Misamis Occidental, Zamboanga del Norte, Zamboanga del Sur) and the Autonomous Region of Muslim Mindanao or ARMM (Maguindanao, Sulu and Tawi-Tawi).   Delinquencies were usually a result of missed payments because of other expense priorities such as payment of children’s tuition fees, seed money for business, and placement fees for family members with OFW’s.   “What we are most concerned is that some...

Posted by on Dec 9, 2014 in Corporate News, Loan Accounts News, Press Room

BFS reaches out to Mindanao

(Manila Bulletin)   BFS, a mortgage servicer and special asset management company, calls on homeowners from Mindanao to avail of all possible mortgage financing options to avoid foreclosure.   BFS handles the Balikatan portfolio of more than 52,000 highly delinquent loan accounts from the National Home Mortgage Finance Corporation (NHMFC).   It has recently reached out to delinquent loan borrowers in Southern Mindanao (Compestela Valley, Davao del Norte, Davao del Sur, and Davao Oriental), Northern Mindanao (Bukidnon, Lanao del Norte, Misamis Oriental), Central Mindanao (North Cotabato, South Cotabato, Sultan Kudarat), CARAGA (Agusan del Norte, Agusan del Sur, Surigao del Norte, Surigao del Sur), Western Mindanao (Basilan, Misamis Occidental, Zamboanga del Norte, Zamboaga del Sur) and ARMM (Maguindanao, Sulu and...

Posted by on Dec 8, 2014 in Corporate News, Loan Accounts News, Press Room

Mortgage lifeline for Mindanao homeowners

Mortgage lifeline for Mindanao homeowners

(Manila Standard Today)     BFS, a mortgage servicer and special asset management company, is zeroing in on homeowners from Mindanao by offering them mortgage financing options to avoid foreclosure.   BFS handles the Balikatan portfolio of more than 52,000 highly delinquent loan accounts from the National Home Mortgage Finance Corporation (NHMFC). It has recently reached out to delinquent loan borrowers in Southern Mindanao (Compostela Valley, Davao del Norte, Davao del Sur, and Davao Oriental) Northern Mindanao (Bukidnon, Lanao del Norte, Misamis Oriental), Central Mindanao (North Cotabato, South Cotabato, Sultan Kudarat), CARAGA (Agusan del Norte, Agusan del Sur, Surigao del Norte, Surigao del Sur), Western Mindanao (Basilan, Misamis Occidental, Zamboanga del Norte, Zamboanga del Sur) and the Autonomous Region of Muslim Mindanao or ARMM (Maguindanao, Sulu and Tawi-Tawi).   The Mindanao roadshow showed that more pressing priorities such as  payment of children’s tuition fees, seed money for business, and placement fees for family members with OFW’s are the main reasons for delinquent payments.   “What we are most concerned is...

Most recent articles