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Posted by on Mar 31, 2018 in Corporate News

Mortgage Servicing Provider BFS Builds Future for the Country’s Next Homeowners

Mortgage Servicing Provider BFS Builds Future for the Country’s Next Homeowners

The South China Morning Post   Real estate is booming in the Philippines, where strong macroeconomic fundamentals, sustained robust growth and a rosy economic forecast are inspiring home ownership confidence among the country’s young, expanding middle-class population. With steady demand fuelling the growth of local real estate loans, which amounted to more than US$26 billion in the first quarter of 2016, pioneering multinational mortgage servicing specialist Bahay Financial Services (BFS) sees itself playing a crucial role in shaping the country’s socio-economic trajectory. As the Philippines’ first and only independent mortgage servicer, BFS promotes liquidity in capital markets by helping corporate and government clients effectively manage loan accounts.  Through a comprehensive platform of mortgage services – and an aptitude for resolving non-performing loan portfolios – the company provides even-handed solutions to mitigate debtor and creditor issues. “A home is the most important investment, and it can only be affordably financed by monthly amortisations. But that’s not going to happen without the infrastructure that assures liquidity – and that’s our business...

Posted by on Feb 3, 2017 in Loan Accounts News, Press Room

BFS Social Case Window

BFS Social Case Window

(The Philippine Star) Armando Camacho and his account specialist, shows off the title to his home which he was able to secure through BFS, the mortgage servicer of about 52,000 delinquent loans from the National Home Mortgage Finance Corp.  Camacho and his wife applied for BFS Social Case Window program for seriously disadvantaged borrowers since he is financially dependent on his children and needs to prioritize his diabetic wife’s maintenance medicine. BFS has resolved more than 35,000 accounts, thereby providing legitimate homeownership to more than 175,000 Filipinos and committing further to offering Balikatan borrowers with different financial options to avoid foreclosure. These include basing resolution amounts on current appraised values instead of outstanding principal balance, and partial condonation of penalties and...

Posted by on Apr 17, 2016 in Corporate News, Press Room

BFS donates to PCPI

BFS donates to PCPI

(Bandera) Bahay Financial Service (BFS), a pioneering mortgage firm that is the provider of 52,000 delinquent loans from the National Home Mortgage Finance Corporation, recently donated computer units to the Philippine Cerebral Palsy Inc. (PCPI) to help its staff perform administrative work, as well as help with patients’ therapies. PCPI is a foundation dedicated to the treatment and alleviation of cerebral palsy and related motor disorders in the Philippines. Located in Makati, the PCPI aims to rehabilitate and provide treatment for individuals with cerebral palsy and other motor-related disorders.  The center provides free occupational and physical therapy to patients, as well as workshops and programs on proper home care for individuals with the disorder.  The organization also holds events and workshops specifically tailored to cerebral palsy patients to help them maximize their full potential. Since 2005, BFS has provided homeownership for more than 30,000 Filipino families around the country by helping them reacquire their homes through convenient means.  BFS has a long list of properties in key cities around...

Posted by on Apr 16, 2016 in Corporate News

BFS donates to PCPI

BFS donates to PCPI

(People’s Journal) Bahay Financial Service (BFS), a pioneering mortgage firm that is the provider of 52,000 delinquent loans from the National Home Mortgage Finance Corporation, recently donated computer units to the Philippine Cerebral Palsy Inc. (PCPI) to help its staff perform administrative work, as well as help with patients’ therapies. PCPI is a foundation dedicated to the treatment and alleviation of cerebral palsy and related motor disorders in the Philippines. Located in Makati, the PCPI aims to rehabilitate and provide treatment for individuals with cerebral palsy and other motor-related disorders.  The center provides free occupational and physical therapy to patients, as well as workshops and programs on proper home care for individuals with the disorder.  The organization also holds events and workshops specifically tailored to cerebral palsy patients to help them maximize their full potential. Since 2005, BFS has provided homeownership for more than 30,000 Filipino families around the country by helping them reacquire their homes through convenient means.  BFS has a long list of properties in key cities...

Posted by on Apr 16, 2016 in Corporate News

BFS donates to PCPI

BFS donates to PCPI

(PJ Tonight) Bahay Financial Service (BFS), a pioneering mortgage firm that is the provider of 52,000 delinquent loans from the National Home Mortgage Finance Corporation, recently donated computer units to the Philippine Cerebral Palsy Inc. (PCPI) to help its staff perform administrative work, as well as help with patients’ therapies. PCPI is a foundation dedicated to the treatment and alleviation of cerebral palsy and related motor disorders in the Philippines. Located in Makati, the PCPI aims to rehabilitate and provide treatment for individuals with cerebral palsy and other motor-related disorders.  The center provides free occupational and physical therapy to patients, as well as workshops and programs on proper home care for individuals with the disorder.  The organization also holds events and workshops specifically tailored to cerebral palsy patients to help them maximize their full potential. Since 2005, BFS has provided homeownership for more than 25,000 Filipino families around the country by helping them reacquire their homes through convenient means.  BFS has a long list of properties in key cities...

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