Capital Markets Development
An integral part of the asset management function performed by BFS comprises the secondary distribution of serviced mortgage loans to financial investors. Loans restructured and serviced by BFS have met the most exacting standards of conservative, highly-regulated banks, and BFS has successfully developed a secondary market in the Philippines for re-sale of its newly performing loans. Whole loan sales represent a critical exit strategy for portfolio investments and BFS provides high-value, on-going servicing to expand and develop the secondary market. In the future, BFS may explore the creation of Real Estate Investment Trusts, as and when the economic, legal, and regulatory environments permit, and asset securitization, as additional tools for greater financial investor participation in the income opportunities presented by real estate assets in general.