Vice President Jejomar C. Binay announced that the National Home Mortgage Finance Corporation (NHMFC) and the 8990 Housing Development Corporation (HDC) will partner in the securitization of HDC’s Php4 Billion worth of Contract To Sell (CTS)-backed receivables.
In a ceremony held on Monday in Iloilo City, the Memorandum of Agreement (MOA) mandating the NHMFC as the Financial Advisor and Program Manager for the securitization of CTS-backed receivables was signed by HDC President Jesus Atencio and NHMFC President Felixberto U. Bustos Jr. together with Vice President Binay.
The National Home Mortgage Finance Corporation (NHMFC) received the Innovative Listed Corporate Bond Issue of the Year (First Listed Asset-Backed Security) during the 8th Philippine Dealing System Holdings Corporation & Subsidiaries (PDS Group) Awards Night held at the Makati Shangri-la Hotel on February 28, 2013.
A perfect Christmas gift is given to a retail investor of the BahayBonds2 issued middle of this year by the state-run National Home Mortgage Finance Corporation (NHMFC).
Joel Llenos Cebedo & Maria Pacita Mendoza Cebedo, couple-investors from Cebu City, were picked through an electronic raffle as the first grand winner of the 2012 BahayBonds2 Raffle Program held today (December 18) at the NHMFC head office.
Vice President Jejomar C. Binay said two housing agencies have imposed moratoriums on amortizations of borrowers affected by typhoon Pablo.
He said the Home Development Mutual (Pag-IBIG) Fund will implement a three month moratorium on housing loan amortizations while the National Home Mortgage Finance Corporation will implement a six month moratorium for victims of typhoon Pablo.
Vice President Jejomar C. Binay said eight (8) updated housing loan borrowers of the state-run National Home Mortgage Finance Corporation will get early Christmas gifts as winners of the “Bahay Ko Pananagutan Ko” Raffle Program.
QUEZON CITY, Nov. 28 – Delinquent housing loan borrowers of the government-run National Home Mortgage Finance Corporation (NHMFC) only have until December 28 to avail themselves of the agency’s penalty condonation program.