(People’s Journal Tonight) BFS has intensified its campaign to help homeowners with delinquent loan payments in Mindanao to avoid foreclosure. A mortgage service and special management company, BFS has recently reached out to delinquent loan borrowers in Southern Mindanao (Compostela Valley, Davao Del Norte, Davao del Sur, and Davao Oriental), Northern Mindanao ( Bukidnon, Lanao del Norte, Misamis Oriental), Central Mindanao (North Cotabato, Sultan Kudarat), CARAGA (Agusan Del Norte, Agusan del Sur, Surigao del Norte, Surigao del Sur), Western Mindanao (Basilan, Misamis Occidental, Zambonga del Norte, Zambonga del Sur) and the Autonomous Region of Muslim Mindanao or ARMM (Maguindanao, Sulu and Tawi-Tawi). BFS handles the Balikatan portfolio of more than 52,000 highly delinquent loan accounts from the National Home Mortgage Finance Corporation (NHMFC). Priorities such as payment of children’s tuition fees, seed money for business, and placement fees for family members with OFWs are the reasons given for delinquent payments. “What we are most concerned about is that some of them said they do not know where the amortization should be paid, which redounds to lack of borrower education. We urge the borrowers to take advantage of the various remedies we offer to help get them...
(Philippine Star) Bahay Financial Services (BFS), the country’s only mortgage servicer and special asset management company handling a portfolio of more than 52,000 highly delinquent loan accounts from the National Home Mortgage Finance Corp. (NHMFC), has granted reprieve to homeowners whose properties were damaged by Typhoon Glenda. Setting a number of cases resolved in the last two months, BFS resolved a total of 442 cases – 222 in June and 220 in July, through flexible terms and convenient means to safeguard ownership of homes. “On fortuitous events we have to be more flexible to borrowers. We work together to keep their homes and we are well-equipped to accommodate their needs,” said BFS president Federico Y. Cadiz. BFS exhausts all possible means to a “home fix” by coming up with special rates and offers on a case-to-case basis to provide sound advice to clients for speedy case resolutions. Well-trained and equipped to handle cases, BFS account specialists work to offer to the borrowers the best resolutions to keep their homes. Visit any of the BFS offices in Makati, Alabang and Davao, or call BFS through trunk lines 756-6230 or 750-3888, the Davao office direct through (082) 221-0809, or call...
(Manila Bulletin) Homeowners whose properties were damaged by typhoon Glenda have received a reprieve from mortgage servicer Bahay Financial Services (BFS), the country’s only mortgage servicer and special asset management company, for a portfolio of more than 52,000 highly delinquent loan accounts from the National Home Mortgage Finance Corp. (NHMFC). Setting a number of cases resolved in the last two months, BFS resolved a total of 442 cases – 222, in June and 220 in July, through flexible terms and convenient means to safeguard ownership of homes. BFS exhausts all possible means to a “home fix” by coming up with special rates and offers on a case-to-case basis to provide sound advice to clients for speedy case resolutions. Well-trained and equipped to handle cases, BFS, account specialists work to offer to the borrowers the best solution to keep their...
(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...
(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...
(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...
