Corporate News | BFS Corporate

Posted by adminbfs on Feb 13, 2014 in Corporate News, Properties News

BFS properties best investment

(People’s Journal) With the value of the peso fluctuating and the prices of commodities rising, many people are looking to invest in different instruments. Real estate has proven to be a worthwhile asset, although sometimes not attainable for the average Filipino. Fortunately, BFS offers opportunities for this demographic to invest in very affordable properties that are priced up to 50 percent off their original selling prices. Rosalina Dela Cruz, the buyer of a property at Citihomes Dasmarinas in Cavite, for instance, decided to take the plunge to invest in a property. With the help of a BFS sales specialist, she was able to process the documents quickly and smoothly and is now a proud homeowner. BFS has properties in developed subdivisions in areas like Muntinlupa, Laguna, Cavite, Caloocan, Bulacan, and Pampanga where communities have flourished and the surrounding infrastructure is set. A complete listing and prices are at www.bfs.com.ph/property or visit any of the BFS offices at the BPI Buendia Center in Makati, Insular Life Corporate Center in Alabang,...

Posted by adminbfs on Jan 26, 2014 in Corporate News, Properties News

BFS properties make good investments

(Philippine Daily Inquirer) With the value of the peso fluctuating and the prices of commodities rising, many people are looking to invest in different instruments. Real estate has proven to be worthwhile asset, although sometimes not attainable for the average Filipino. Fortunately, BFS offers opportunities for this demographic to invest in very affordable properties that are priced up to 50 percent off their original selling prices. Rosalina Dela Cruz, the buyer of a property at Citihomes Dasmariñas in Cavite, for instance, decided to take the plunge to invest in a property. With the help of a BFS Sales Specialist, she was able to process the documents quickly and smoothly and is now a proud homeowner. BFS has properties in developed subdivisions in areas like Muntinlupa, Laguna, Cavite, Caloocan, Bulacan, and Pampanga. A complete listing and prices are at www.bfs.com.ph/property or visit any of the BFS offices at the BPI Buendia Center in Makati, Insular Life Corporate Center in Alabang, and Plaza de Luisa Building in Davao...

Posted by adminbfs on Jan 24, 2014 in Corporate News, Loan Accounts News, Press Room

BFS helps borrowers

(Business Mirror) 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 balances, and partial condonation of penalties and interest. BFS reaches out to allow the borrowers to obtain legitimate homeownership. As a result, BFS has resolved more than 26,000 accounts from the Balikatan portfolio, providing housing for more than 100, 000...

Posted by adminbfs on Jan 16, 2014 in Corporate News, Loan Accounts News

BFS announces offer

(Business World) 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 balances, and partial condonation of penalties and interest. BFS reaches out to allow the borrowers to obtain legitimate homeownership. As a result, BFS has resolved more than 26,000 accounts from the Balikatan portfolio, providing housing for more than 100, 000...

Posted by adminbfs on Dec 23, 2013 in Corporate News, Loan Accounts News, Press Room

BFS Resolves Delinquent Home Loans

(Manila Bulletin) Pioneer mortgage servicing company BFS, Inc. announces that it has assisted more than 26,000 Filipino families to fully resolve outstanding and overdue loan obligations through its end to end mortgage servicing platform. BFS, Inc. is the exclusive mortgage servicer and asset manager of the residential mortgage loan portfolio of Balikatan Housing and Finance, Inc. “Through BFS efforts, many families have reclaimed their homes and now have assets in the form of realized home equity. For most families, this is the largest component of personal savings – savings that may increase as their homes appreciate in value over time and may be passed onto their loved ones,” states BFS president Federico Y. Cadiz, Jr. He adds that the ability of thousands of borrowers to own their homes will have a positive ripple effect on the economy. This is also in line with BFS’ objective to help improve the overall liquidity in the housing capital markets. “By reintroducing liquidity to under-performing assets, money will resume circulating throughout the system,...

Posted by adminbfs on Dec 12, 2013 in Corporate News, Press Room

BFS resolves 26k delinquent home loans

(Malaya) Pioneer mortgage servicing company BFS, Inc. said that it has to date assisted more than 26,000 Filipino families to fully resolve outstanding and overdue loan obligations through its end to end mortgage servicing platform. BFS, Inc. is the exclusive mortgage servicer and asset manager of the residential mortgage loan portfolio of Balikatan Housing and Finance, Inc. “Through BFS efforts, many families have reclaimed their homes and now have assets in the form of realized home equity. For most families, this is the largest component of personal savings – savings that may increase as their homes appreciate in value over time and may be passed onto their loved ones,” said BFS president Federico Cadiz, Jr. Cadiz said the ability of thousands of borrowers to own their homes will have a positive ripple effect on the economy. This is also in line with BFS’ objective to help improve the overall liquidity in the housing capital markets. “ By reintroducing liquidity to under-performing assets, money will resume circulating throughout the system,...