(Manila Bulletin) Mindanaoans from Davao del Sur, Davao City, Cagayan de Oro City, and General Santos City thank BFS for helping them settle their mortgages at a lowered settlement amount. BFS is the mortgage servicer for 52,000 delinquent loan accounts from the National Home Mortgage Finance Corporation. Its program ‘Extended Panalo Max’ assists Balikatan borrowers who want to resolve their outstanding mortgage obligation. Photo shows borrower Ysa Acac of Rosario Village, General Santos City, South Cotabato receiving her Transfer Certificate of Title from her BFS account...
(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 account. Palagay ko ay hindi namin maaayos ito kung hindi kami tinulungan at binigyan ng BFS ng abot-kayang settlement amount. Syempre kinailangan naming gumawa ng paraan. Salamat...
(Business Mirror) 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...
(PJ Tonight Sunday) Naghain ang BFS ng programang Extended Panalo Max upang matulungan ang mga Balikatan borrowers mula sa Cavite at Laguna na nasalanta ng Bagyong Maring na gustong ayusin ang kanilang pagkakautang sa bahay. “Ang Extended Panalo Max ay base sa estado ng bawat kwalipikadong account. Ito din ay magandang pagkakataon upang maresolba ng mga borrowers ang kanilang utang sa bahay at magkaroon ng home equity. Layon ng BFS na magkaroon ng positibong home equity ang mga Pilipino,” paliwanag ni Juno Henares, BFS Corporate Communication Head. Ang ‘equity’ ay ang halaga ng bahay pagkatapos mabayaran ang utang. Habang nababayaran ang utang sa bahay, tumataas ang halaga ng equity. Sina Flora Mesa, Maria Lourdes del Rosario, Myrna Cawaling at Lutgarda Cepillo ay mga ginang mula Cavite at Laguna na kabilang sa mga borrowers na naisaayos ang kanilang mga utang sa bahay sa pakikipagtulungan sa BFS. “Sinuportan ako ng aking pamilya at kaibigan tungo sa layunin na mabayaran ang aking account,” pagbabahagi ni Gng. Myrna Cawaling ng San Lorenzo South, Sta. Rosa, Laguna. Ayon kay Gng. Flora Mesa ng Diamond Village, Dasmarinas, Cavite, “Nakipag-ugnayan ako sa BFS upang mabayaran ang utang sa bahay kaysa mawala sa...
(The Philippine Star) BFS extended its Panalo Max program to allow delinquent borrowers to become delighted homeowners after up to fifteen years of default on their mortgages. The new homeowners are ecstatic about legitimizing homeownership after years of their homestead issues hanging in the balance. BFS’ resolution philosophy is to provide positive home equity for Filipinos. Equity is the market value of a property less debt. As one pays off the loan to the home, the equity appreciates. In addition, BFS bases resolution amounts on appraised values of the properties. Panalo Max brings down costs further and offers 100% penalty condonation and up to 100% interest condonation for many qualified borrowers. Since the second quarter of the year, the response has been positive with borrower resolutions from Metro Manila, Cavite, Bulacan, Laguna, Rizal, Batangas, Bataan, Pampanga, General Santos, Davao, Cagayan de Oro, Bacolod, and Iloilo. BFS, the country’s only mortgage servicing and special asset management company, continues to find ways to assist borrowers with their outstanding and overdue loan obligations. It relaunched Panalo Max this year as part of its remedial management program to encourage delinquent borrowers to resolve and help save their...
