Corporate News | BFS Corporate

Posted by jhenares on Oct 3, 2014 in Corporate News, Press Room

BFS reprieves typhoon-hit homeowners

(Philippine Star) Bahay Financial Services (BFS), the country’s only mortgage servicer and special asset management company handling a portfolio of more than 52,000 highly delinquent loan accounts from the National Home Mortgage Finance Corp. (NHMFC), has granted reprieve to homeowners whose properties were damaged by Typhoon Glenda. 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. “On fortuitous events we have to be more flexible to borrowers. We work together to keep their homes and we are well-equipped to accommodate their needs,” said BFS president Federico Y. Cadiz. 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 resolutions to keep their homes. ...

Posted by jhenares on Oct 1, 2014 in Corporate News

BFS offers thousands of properties in Cavite

(People’s Journal) 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 jhenares on Sep 29, 2014 in Corporate News, Press Room

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 jhenares on Sep 23, 2014 in Corporate News, Press Room

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...

Posted by jhenares on Aug 20, 2014 in Corporate News, Press Room, Properties News

BFS launches discount campaign

(Business Mirror) Buying a home is probably the largest single investment that most Filipinos will make in their lifetimes. To help with the government’s goal for every Filipino to have a home to call his own, BFS has launched its most aggressive pricing campaign called “Fruits of your Labor.” With over 2,000 pre-owned residential properties located in NCR, Bulacan, Cavite, Laguna, and other surrounding provinces, buyers may avail themselves of lots for as low as P55,000 and ask about additional discounts for cash purchases. The properties are located inside progressive subdivisions and are close to main roads, good schools and shopping centers. Since 2006, BFS is the mortgage servicer of 52,000 delinquent loans from the National Home Mortgage Finance Corp. with more than half of the total number resolved. BFS provides proper procedures on how to pay debts so borrowers can finally claim their houses. To verify availability and the list of requirements, visit www.bfs.com.ph/property. Fruits of your Labor campaign is available for a limited time...

Posted by jhenares on Aug 2, 2014 in Corporate News, Loan Accounts News, Press Room

BFS Saves Delinquent Borrowers’ Homes

(Philippine Star) BFS, the official mortgage servicer of Balikatan, launches the new Home Saver offer for qualified clients with delinquent mortgages dating as far back as 23 years. The new scheme will help borrowers resolve their accounts and save their homes. By resolving their accounts, borrowers will be able to counter the court foreclosure process, and BFS will be able to maximize borrower resolution outside of foreclosure. Balikatan account holders may visit any of BFS offices in Makati, Alabang, and Davao. They may also call BFS through trunk lines 7566230 or 7503888, call the Davao offices, (082) 2210809, or call PLDT toll-free outside of Metro Manila and Davao through 1-800-10-2255-BFS (237). BFS is also reachable through text, 0922-9999-BFS, email: HomeSaver@bfs.com.ph, and www.bfs.com.ph and clicking on...