Local credit watcher Philippine Ratings Services Corp. (PhilRatings) retained its double A rating on National Home Mortgage Finance Corp.’s (NHMFC) P1.065 billion class A senior notes.
NHMFC likewise retained its PRS Baa rating for its P310.9 million Class B subordinated notes.
Obligations rated “PRS Aa” are of high quality and are subject to very low credit risk. The obligor’s capacity to meet its financial commitment on the obligation is very strong.
Local creditwatcher Philippine Rating Services Corp. has maintained “high quality” and “adequate” ratings on National Home Mortgage Finance Corporation (NHMFC)’s “Bahay Bonds” securitization issue, noting manageable default rates on underlying loan accounts despite some decline in asset quality.
The National Home Mortgage Finance Corporation (NHMFC) announced the eight lucky winners of the “Bahay Ko Pananagutan Ko” 2013 Raffle Program.
First prize of P350,000 goes to Gloria Oliveros of Cagayan De Oro City; second prize winner of P250,000 is Jegina Raagas of Barangay Bitanagan, Davao Oriental; and third prize of P150,000 goes to Isidro Llenas of Cagayan De Oro City, P150, 000.
More than 11, 000 current housing loan borrowers of the National Home Mortgage Finance Corporation (NHMFC) will get a chance to win cash prizes at the second raffle draw of the Bahay Ko, Pananagutan Ko Raffle Program.
VP Binay creates Task Force to address Housing needs in Cebu and Bohol; Private Sector, Foreign Community eyed for Support
Vice President Jejomar C. Binay on Friday created a multi-agency task force to ensure proper coordination of efforts to address the housing needs of earthquake victims in Bohol and Cebu.
Binay, who chairs the Housing and Urban Development Coordinating Council (HUDCC), said he has enlisted national government agencies and local government units to help in the rehabilitation of houses damaged or destroyed by the earthquake. He also said they will tap the support of the private sector and the foreign community.
Vice President Jejomar C. Binay said the multi-agency task force he created to ensure proper coordination of efforts to address the housing needs of earthquake victims in Bohol and Cebu will also handle the housing needs of those displaced by the conflict in Zamboanga.