Press Room | BFS Corporate

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 16, 2013 in Loan Accounts News, Press Room

BFS nakikipagtulungan sa mga Balikatan borrower

(Ayuda) Tinatanggap ni Myrna Cawaling, ng San Lorenzo South, Sta. Rosa, Laguna ang Transfer Certificate of Title mula sa isang account specialist ng BFS, ang mortgage servicer ng 52,000 highly delinquent loan account mula sa National Home Mortgage Finance Corporation. Nakikipagtulungan ang BFS sa libu-libong Balikatan borrower upang maresolba ang kanilang obligasyon sa housing loan, sa ilalim ng programang Extended Panalo...

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,...

Posted by adminbfs on Dec 10, 2013 in Corporate News, Press Room, Properties News

BFS launches new program amid strong pre-owned housing sales

(Business Mirror) Pioneer asset management company BFS reports they have sold approximately 70 percent of their total pre-owned housing inventory as of October 2013. Having been active in the pre-owned housing market since 2007, the company is launching a new program wherein eligible spot-cash buyers may enjoy up to 50 percent discount on select pre-owned properties. Called the “2D Max II” Program, potential buyers may choose from a number of locations nationwide such as Bulacan, Cavite and Rizal. These areas are highly sought after areas since they belong to developed and organized communities with access to paved roads, utilities, various amenities. In addition to the preferred locations, the units have also been seen as excellent investment vehicles. For as low as P150,000, one can be either a homeowner and or own an asset that would appreciate in...

Posted by adminbfs on Nov 29, 2013 in Corporate News, Loan Accounts News, Press Room

Mindanaoans resolve housing loans

(People’s Journal Tonight) Mindanaoans from Davao del Sur, Davao City, Cagayan de Oro City, and General Santos City thank BFS for helping in settling mortgages at a lowered settlement amount. BFS is the mortgage servicer for 52,000 highly-delinquent loan accounts from the National Home Mortgage Finance Corp. Its program, Extended Panalo Max, assists Balikatan borrowers who want to resolve their outstanding mortgage obligations. In photo, borrower Ysa Acac of Rosario Village, General Santos City, South Cotabato, receives her Transfer Certificate of Title from her BFS account...

Posted by adminbfs on Nov 28, 2013 in Loan Accounts News, Press Room

Kilalanin ang mga bagong homeowners sa tulong ng BFS

(Abante Tonite) Malaking suliranin ang pagkakaroon ng utang sa bahay, lalo kung ito ay hindi nabayaran sa loob ng 10-15 taon. Kaya’t nang mapunta sa pamamahala ng BFS ang portfolio ng highly delinquent loan accounts mula sa NHMFC, itinuring ito nina Gng. Maria Lourdes Escandor ng San Lorenzo, Sta. Rosa, Laguna at Gng. Evangeline Reinoso ng North Olympus, Bo. Novaliches, Quezon City bilang bagong pagkakataon tungo sa pagkakaroon ng sariling bahay. “Kailangang huwag palagpasin ang mga ganitong pagkakataon. Malaking bagay para sa amin na makapagresolba ng matagal na pagkakautang sa bahay sa tulong ng BFS. Totoong laging may paraan kung nais ayusin ang anumang problema, at kung handang magpursige.” “Matiyagang ipinaliwanag sa amin ng aming account specialist kung anu-ano ang mga options hanggang sa maaprubahan ang settlement amount. Maraming salamat sa BFS para sa pagkakataon na mapasaamin itong bahay,” pagbabahagi ni Gng. Escandor. Si Gng. Reinoso, tulad din ng ibang mga borrowers, ay nagkulang at pumalya sa pagbabayad sa utang sa bahay. “Mabuti at nalipat sa BFS ang aming...