BFS marks a decade
(Malaya) BFS is entering a decade of pioneering multinational mortgage servicing in the Philippines this year, and continues to promote liquidity in the Philippine capital markets by helping both corporate and government clients alike manage loan accounts through primary and special servicing. As the only independent mortgage servicer in the country, BFS manages loan portfolios though a comprehensive mortgage platform which handles all core competencies for loan servicing. The platform makes use of specialized and efficient technology in processing information with a high degree of efficiency and integrity. “Through our adherence to global standards and best practices, BFS has been successful in helping both private and government institutions manage both their performing and nonperforming loan portfolios (NPLs),” BFS President Federico Cadiz said. “BFS can also provide clients with wider access to financial services through secondary-market development, for example,” he added. While BFS works with corporate clients on mortgage servicing and asset management, one of its major roles is managing a portfolio of housing loans acquired by a private equity...
