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Posted by jhenares on Feb 22, 2016 in Corporate News, Homepage Content, Loan Accounts News, Press Room, Properties News

Avoid foreclosure with BFS

(People’s Journal) Mark Acierto of Sta Rosa, Laguna proudly shows off the titles of his brand-new properties acquired through BFS, the mortgage service provider of 52,000 delinquent loans from the National Home Mortgage Finance Corporation. More than half of the total number of delinquent loans was resolved by BFS. Aiming to start future projects, Acierto was able to obtain his new properties through a BFS account specialist who guided him through the correct procedure of buying property. BFS has committed to offer Balikatan borrowers with different financial options to avoid foreclosure. These include basing resolution amounts on current appraised values instead of outstanding principal balance, and partially condoning of penalties and...

Posted by jhenares on Jan 26, 2016 in Corporate News, Homepage Content, Loan Accounts News, Press Room, Properties News

New start from BFS

(Malaya) Salvation Tenorio of Quezon City shows off the title of the property she obtained with the help of BFS, the mortgage servicer of 52,000 delinquent loans from the National Home Mortgage Finance Corporation, with more than half of the total number resolved. The new home will provide Tenorio a new start now that she has become single once again. Since 2006, BFS has committed 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 condoning of penalties and...

Posted by jhenares on Jan 23, 2016 in Corporate News, Homepage Content, Loan Accounts News, Press Room, Properties News

New start begins

(PJ Tonight) Salvation Tenorio of Quezon City shows off the title of the property she obtained with the help of BFS, the mortgage servicer of 52,000 delinquent loans from the National Home Mortgage Finance Corporation, with more than half of the total number resolved. The new home will provide Tenorio a new start now that she has become single once again. Since 2006, BFS has committed 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 condoning of penalties and...

Posted by adminbfs on Dec 13, 2013 in Homepage Content

BFS is a pioneering multi-national mortgage servicing platform that combines functional competencies in Mortgage Finance Origination and Credit Underwriting, Loan Servicing, Default Management, Property Management and Sales and Secondary Market Development. As a comprehensive business proposition covering the entire mortgage servicing life cycle, BFS has specifically addressed the following Key Success Areas: A management team of seasoned professionals, fully knowledgeable and equipped with broad experience in portfolio management Development of and adherence to best-practice policies, controls and procedure Development and implementation of best-practice servicing methodologies in the areas of: Mortgage Loan Origination and Underwriting for a better Credit Culture Loan Servicing and Default Management Development of a secondary market for mortgage paper underwritten and serviced to internationally-rated standards Using specialized and efficient technology applied to manage the processing of a high volume of information, ensuring a high degree of transactional efficiency and integrity Entering into strategic partnerships with like-minded professional entities A first mover in this industry, BFS adheres to international standards and best practices that are customized for...