Loan Accounts News | BFS Corporate

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...

Posted by jhenares on Jul 17, 2014 in Corporate News, Loan Accounts News, Press Room

BFS Happy Homeowner

(People’s Journal) Balikatan home borrower Teresita Pacaonces happily holds the title to her home turned over by a BFS account specialist. Pacaonces qualified for a promo where she was asked to pay a fraction of her delinquent loan in cash, and was offered big savings on her obligation. BFS is the official mortgage servicer of Balikatan. Balikatan account holders may visit any of the BFS offices in Makati, Alabang, and Davao or call 756-6230 or 750-3888, 0922-9999-BFS, via email at HomeSaver@bfs.com.ph, and www.bfs.com.ph and click on B-Online....

Posted by jhenares on Jul 15, 2014 in Corporate News, Loan Accounts News, Press Room

BFS Saves Homes with New Offer

(Manila Bulletin) 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, borrower will able to counter the court foreclosure process, and BFS will be able to maximize borrower resolution outside of foreclosure. BFS has already sent out letters to qualified borrowers stating the specifics of their accounts and their BFS customized offers, and calls are being made by account specialists. Balikatan account holders may visit any of the BFS offices in Makati, Alabang, and Davao. Reach BFS real time online by accessing www.bfs.com.ph and clicking on...

Posted by jhenares on Jul 10, 2014 in Corporate News, Loan Accounts News, Press Room

BFS Happy Homeowner

(People’s Journal Tonight) Balikatan home borrower Helen De Leon happily holds the title to her home as turned over by a BFS account specialist. De Leon qualified for a promo where she was asked to pay a fraction of her delinquent loan in cash, and was offered big savings on her obligation. BFS is the official mortgage servicer of Balikatan. Balikatan account holders may visit any of the BFS offices in Makati, Alabang, and Davao or call trunklines 756-6230 or 750-3888, 0922-9999-BFS, via email at HomeSaver@bfs.com.ph, real time online by accessing www.bfs.com.ph and clicking on...

Posted by jhenares on Jun 19, 2014 in Corporate News, Loan Accounts News

Loan Settlement Program Launched for Borrowers in Extreme Poverty

(Business Mirror) BFS, the exclusive mortgage servicer and asset manager of Balikatan Housing Finance Inc. for its multi-billion peso residential loan mortgage portfolio, recently launched its Social Window Program (SWP)for account holders who have been experiencing difficulties settling their loans due to extreme proverty or serious illness. SWP aims to provide Balikatan account holders more options in settling their loans. Borrowers who believe they qualify should apply to the program if they can show proof of their hardship. “Some are trying their best to save their homes, but cannot make it happen because of extreme difficulties. Through SWP, we are giving concessions to those who have difficulty making ends meet, and we have been doing our utmost to help our account holders meet their obligations” BFS President Federico Cadiz said. BFS is the mortgage servicer of 52,000 delinquent loans from the National Home Mortgage Finance Corporation with more than half of the total number...

Posted by jhenares on Jun 16, 2014 in Corporate News, Loan Accounts News

Loan Settlement Program Launched for Borrowers in Extreme Poverty

(The Philippine Star) BFS, the exclusive mortgage servicer and asset manager of Balikatan Housing Finance Inc. for its multi-billion peso residential loan mortgage portfolio, recently launched its Social Window Program (SWP)for account holders who have been experiencing difficulties settling their loans due to extreme proverty or serious illness. SWP aims to provide Balikatan account holders more options in settling their loans. Borrowers who believe they qualify should apply to the program if they can show proof of their hardship. “Some are trying their best to save their homes, but cannot make it happen because of extreme difficulties. Through SWP, we are giving concessions to those who have difficulty making ends meet, and we have been doing our utmost to help our account holders meet their obligations” BFS President Federico Cadiz said. Established in 2005, BFS helps delinquent borrowers resolve their accounts when their residential home loans become delinquent. It offers different options to avoid foreclosure, which include basing resolution amounts on current appraised values instead of outstanding principal balances,...