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.  Visit any of the BFS offices in Makati, Alabang and Davao, or call BFS through trunk lines 756-6230 or 750-3888, the Davao office direct through (082) 221-0809, or call PLDT toll-free outside of Metro Manila and Davao through 1-800-10-2255-BFS (237).  BFS is also reachable through text at 0922-9999-BFS, via email at info@bfs.com.ph, and real time online by accessing www.bfs.com.ph and clicking on B-Online.