Corporate News

BFS Does Everything Possible to Help Borrowers Resolve Their Housing Loans

(Business World)   Since acquiring 52,289 highly delinquent residential loans from the National Home Mortgage Finance Corporation in 2005, BFS has helped thousands of borrowers become homeowners.   To provide resolution options, BFS continues to exhaust efforts to reach borrowers through various information campaigns, the establishment of five offices and several communication platforms.   Shares Juno Henares-Chuidian, Head of Corporate Communication, “To reach our borrowers and give them the opportunity to contact us, we send out letters, call and text through phone, distribute newsletters and flyers, and even introduced a real-time online service on our website called B-Online.”   Account specialists also visit homes and do field processing. “These engagements provide an opportunity for borrowers to clarify their account status onsite, and makes them realize how much we want to help them achieve closure.”   Panalo Max, a recent promotion, condoned 100% penalties and up to 100% interest for qualified borrowers. One such borrower is Lorena Moral of Pacita Complex in Laguna. “My house means a lot to me. BFS is proof that our housing loan problems can be addressed if we are serious about resolving.” BFS has helped nearly 24,000 families address their long-standing housing loans and will...

Mga Komunidad, Napapaunlad sa Tulong ng Property Management ng BFS

(Dyaryo Ngayon)   Mula nang maging tagapamahala ng isang residential loan portfolio na may 52,000 highly delinquent accounts mula sa National Home Mortgage Finance Corporation (NHMFC) noong 2006, ang mortgage servicing company na BFS ay patuloy na nagpapatupad ng mga best asset management practices.   Sa pamamagitan ng kanilang property management unit, pinangangasiwaan ng BFS ang daan-daang abandoned o foreclosed properties na matatagpuan sa 200 barangay sa buong Pilipinas. Pinamamahalaan ng BFS ang lahat ng aspeto ng property management, upang matiyak ang marketability ng mga ari-arian na ito.   Nakikipagtulungan ang BFS Property Management Services sa iba’t ibang service partners na siyang nagpapadala ng mga tagapangalaga at tagapagpanatili ng seguridad ng mga ari-ariang hawak nito. Dahil dito, nakakatulong sa paggawa ng trabaho ang BFS, at nakasisiguro na mas maayos ang pakikipag-ugnayan ng mga komunidad at ng mga awtoridad sa pag-aalaga ng mga ari-arian laban sa illegal occupancy.   Tinitiyak din ng BFS Property Management Services na ang mga ari-arian ay nasa mabuting kundisyon. Nire-repair ang mga ari-arian kung kinakailangan, upang maiwasan ang pagkasira. Dahil dito, nase-secure ang property insurance, nababayaran ang real property taxes, at nalalagyan ng kuryente at ibang utility services ang mga ito.   Ang lahat ng...

BFS Panalo Max Helps Residents in Cavite and Laguna

(Philippine Daily Inquirer)   BFS Panalo Max offer has aided thousands of qualified borrowers in owning their homes. Panalo Max is extended by pioneer mortgage servicing company BFS, which assumed a portfolio of 52,000 highly delinquent accounts from the National Home Mortgage Finance Corporation (NHMFC) in 2006.   Extended up to January 31, 2013, Panalo Max allows qualified borrowers to avail of a good offer, with 100% of penalties and up to 100% of interest effectively waived.   “I’m grateful to be given the opportunity to fix a long-standing problem in paying off our mortgage,” says Leonida Palman of Dasmarinas, Cavite.   Leonida Palman (left) celebrates as she is presented her Transfer Certificate of Title by BFS account specialist Ann Dechavez. Palman was able to own her home through BFS’ Panalo Max offer.   Lorena Moral of Pacita Complex, San Pedro, Laguna shares, “BFS is proof that our housing loan problems could be addressed if we are serious about resolving. I’m glad I finally have the title to my house,she says.   Lorena Moral (left) is awarded her Transfer Certificate of Title by BFS Account Specialist Jackie Aribon. Moral is one of thousands of beneficiaries of BFS’ Panalo Max...

Mga Komunidad, Napapaunlad sa Tulong ng Property Management ng BFS

(Abante)   Mula nang maging tagapamahala ng isang residential loan portfolio na may 52,000 highly delinquent accounts mula sa National Home Mortgage Finance Corporation (NHMFC) noong 2006, ang mortgage servicing company na BFS ay patuloy na nagpapatupad ng mga best asset management practices.   Sa pamamagitan ng kanilang property management unit, pinangangasiwaan ng BFS ang daan-daang abandoned o foreclosed properties na matatagpuan sa 200 barangay sa buong Pilipinas. Pinamamahalaan ng BFS ang lahat ng aspeto ng property management, upang matiyak ang marketability ng mga ari-arian na ito.   Nakikipagtulungan ang BFS Property Management Services sa iba’t ibang service partners na siyang nagpapadala ng mga tagapangalaga at tagapagpanatili ng seguridad ng mga ari-ariang hawak nito. Dahil dito, nakakatulong sa paggawa ng trabaho ang BFS, at nakasisiguro na mas maayos ang pakikipag-ugnayan ng mga komunidad at ng mga awtoridad sa pag-aalaga ng mga ari-arian laban sa illegal occupancy.   Tinitiyak din ng BFS Property Management Services na ang mga ari-arian ay nasa mabuting kundisyon. Nire-repair ang mga ari-arian kung kinakailangan, upang maiwasan ang pagkasira. Dahil dito, nase-secure ang property insurance, nababayaran ang real property taxes, at nalalagyan ng kuryente at ibang utility services ang mga ito.   Ang lahat ng ito’y...

BFS Panalo Max helps Bacolod residents own homes at the soonest time possible

(Sunstar Bacolod)   Borrower Leonardo Betita (left) of Bo. Handumanan, Bacolod City holds his Transfer Certificate of Title (TCT) from BFS Account Specialist Bianca Venzuela. Betita was able to own his home after availing of the BFS Panalo Max offer.   Since being launched in early 2012, BFS Panalo Max has helped thousands of Filipino families with outstanding housing loans to own their homes at the soonest time possible. Pioneer mortgage servicing company BFS has helped some 24,000 families own their homes since assuming the Balikatan portfolio of 52,000 highly delinquent accounts from the National Home Mortgage Finance Corporation (NHMFC) since 2006.   “Through the Panalo Max offering, qualified borrowers may see their penalties and up to 100% of the interests on their housing loans waived, enabling them to pay just the principal loan amount,” explains Juno Henares-Chuidian, BFS Head of Corporate Communication. “Not only do they own their homes at the soonest time possible, they also realize home equity immediately. This means that the value of a property increases as the mortgages are paid.”   One of the beneficiaries of the Panalo Max offer is Leonardo Betita of Bo. Handumanan, Bacolod City. “I have seven kids and addressing...

BFS Panalo Max helps Bacolod residents own homes at the soonest time possible

(The Country Post Bacolod)   Borrower Leonardo Betita (left) of Bo. Handumanan, Bacolod City holds his Transfer Certificate of Title (TCT) from BFS Account Specialist Bianca Venzuela. Betita was able to own his home after availing of the BFS Panalo Max offer.   Since being launched in early 2012, BFS Panalo Max has helped thousands of Filipino families with outstanding housing loans to own their homes at the soonest time possible. Pioneer mortgage servicing company BFS has helped some 24,000 families own their homes since assuming the Balikatan portfolio of 52,000 highly delinquent accounts from the National Home Mortgage Finance Corporation (NHMFC) since 2006.   “Through the Panalo Max offering, qualified borrowers may see their penalties and up to 100% of the interests on their housing loans waived, enabling them to pay just the principal loan amount,” explains Juno Henares-Chuidian, BFS Head of Corporate Communication. “Not only do they own their homes at the soonest time possible, they also realize home equity immediately. This means that the value of a property increases as the mortgages are paid.”   One of the beneficiaries of the Panalo Max offer is Leonardo Betita of Bo. Handumanan, Bacolod City. “I have seven kids...