BFS extended its loan condonation and restructuring program to help Balikatan borrowers realize their homeownership aspirations. Called the Panalo Max Offer, the program was first launched in April 2012 and its primary objective was to offer highly discounted terms for delinquent Balikatan borrowers as well as other term financing resolutions depending on the status of borrowers’ accounts. “It has been BFS’ policy that foreclosure is a last resort and least preferred option in resolution situations. We want borrowers to be able to save their homes and get closure rather than see them go through foreclosure and eviction because of one reason or another,” explained Juno Henares-Chuidian, head of BFS Corporate...
(Manila Bulletin) BFS, a mortgage servicing and special asset management company, said it extended its loan condonation and restructuring program to help Balikatan borrowers realize their homeownership aspirations. The program, called the Panalo Max Offer, was first launched in April 2012 with the primary objective of offering highly discounted terms for delinquent Balikatan borrowers as well as other term financing resolutions depending on the status of borrowers’ accounts. “It has been BFS’ policy that foreclosure is a last resort and least preferred option in resolution situations,” said BFS Corporate Communication Head Juno Henares-Chuidian. “We want borrowers to be able to save their homes and get closure rather than see them go through foreclosure and eviction because of one reason or another. This is what the Extended Panalo Max Offer represents – a “helping hand” extended by BFS in realizing our borrowers’ dreams of homeownership, Henares-Chuidian said. The response for the Panalo Max Offer has been positive, with thousands of borrowers resolving their accounts which included Balikatan borrowers who were based abroad as overseas workers. In spite of its past success, BFS urges the qualified Balikatan accountholders to resolve their accounts earlier since the foreclosure...
(The Daily Tribune) BFS extended its loan condonation and restructuring program in continuing its effort to help Balikatan borrowers realize their homeownership aspirations. Called the Panalo Max Offer, the program was first launched in April 2012 and its primary objective was to offer highly discounted terms for delinquent Balikatan borrowers as well as other term financing resolutions depending on the status of borrowers’ accounts. “It has been BFS’ policy that foreclosure is a last resort and least preferred option in resolution situations. We want borrowers to be able to save their homes and get closure rather than see them go through foreclosure and eviction because of one reason or another. This is what the Extended Panalo Max Offer represents – a “helping hand” extended by BFS in realizing our borrowers’ dreams of homeownership,” said Juno Henares-Chuidian, head of Corporate Communication. To date, the response for the Panalo Max Offer has been positive, with thousands of borrowers resolving their accounts which included Balikatan borrowers who were based abroad as OFWs. In spite of its past success, BFS urges qualified Balikatan accountholders to resolve their accounts earlier since the foreclosure process does not stop until and...
(Malaya) BFS extended its loan condonation and restructuring program in continuing its effort to help Balikatan borrowers realize their homeownership aspirations. Called the Panalo Max Offer, the program was first launched in April 2012 and its primary objective was to offer highly discounted terms for delinquent Balikatan borrowers as well as other term financing resolutions depending on the status of borrowers’ accounts. “It has been BFS’ policy that foreclosure is a last resort and least preferred option in resolution situations. We want borrowers to be able to save their homes and get closure rather than see them go through foreclosure and eviction because of one reason or another. This is what the Extended Panalo Max Offer represents – a “helping hand” extended by BFS in realizing our borrowers’ dreams of homeownership,” explained Juno Henares-Chuidian, head of Corporate Communication. To date, the response for the Panalo Max Offer has been positive, with thousands of borrowers resolving their accounts which included Balikatan borrowers who were based abroad as OFWs. In spite of its past success, BFS urges the qualified Balikatan accountholders to resolve their accounts earlier since the foreclosure process does not stop until and unless...
(Abante) Masayang tinanggap ni Gng. Narnie Flores ang kanyang Transfer Certificate Title (TCT) mula kay BFS account specialist Marilen Brual para sa kanyang bahay at lupa sa Palmera Homes, Northwinds Bul BFS, Tagasulong ng Pangarap sa Bahay Naniniwala ang BFS, ang servicer ng 52,000 highly delinquent loan accounts mula sa National Home Mortgage Finance Corporation, sa pagbibigay ng pagkakataon na isulong ang pangarap ng mga Balikatan borrowers na magkaroon ng sariling bahay at lupa. Magmula nang hawakan nito ang nasabing mga loan accounts noong 2005, patuloy ang pagbibigay ng nito ng mga offer tulad ng Extended Panalo Max, nang sa gayon ay makapagresolba ang mga borrowers at magkaroon ng panibagong simula. Sa pakikipagtulungan sa BFS at dahil sa sariling pagsisikap, sina Julian Sy, Narnie Flores, Bonifacio Liston Jr, at Mary Jane Tolentino ay nakamit ang matagal nang pinapangarap – ang tuluyang maisaayos ang utang sa bahay at lupa at magkaroon ng pamana para sa mahal sa buhay. Sabi ni G. Julian Sy ng Villa Lina Subd, Balanga City, Bataan, “Masayang masaya kami at ang aking buong pamilya dahil naayos din. Kailangang kunin ang oportunidad gaya ng Panalo Max dahil mahalagang magkaroon ng sariling...
