NHMFC maintains ISO 9001:2015 certification

The National Home Mortgage Finance Corporation maintained its ISO 9001:2015 certification for Securitization of Housing Loan Portfolios (Purchase of Housing Receivables, Collection Amortization, Securitization, and Post Issuance of Bonds) and Borrower’s Services.

Amidst the alternative work arrangements in all NHMFC offices due to the global outbreak of the coronavirus disease 2019 (COVID-19), a remote audit on all sites was conducted by TÜV SÜD PSB Philippines, Inc. (TUV SUD), a third party certifying body. Held on July 20 to 22, 2020, the audit concluded with a Recommendation of Certificate Maintenance by TÜV SÜD Quality Management System auditors, Messrs. Cezar Sendaydiego and Xavier Lance Dy.

Department of Human Settlements and Urban Development Secretary Eduardo Del Rosario, who also chairs the NHMFC Board of Directors, applauded all the units and branches of the corporation for another successful audit.

“The rigorous efforts of the corporation to uphold international standards of its products and services are evident in maintaining our ISO 9001:2015 Certification,” Secretary Del Rosario said. He added that this is NHMFC’s 3rd Surveillance Audit for ISO 9001:2015 Certification and the next round will be in February 2021.

“NHMFC consistently revisits its processes to ensure continuous compliance to international standards of providing client services. In the face of the current global health crisis, we, from the government’s housing sector, were able to adapt to the challenges of the new normal situation without derailing our services to our stakeholders. This ISO recertification is a remarkable testament to our endeavors,” the housing czar stressed.

This quality management system milestone is made possible with the vast use of ICT tools invested in by the corporation, coupled with the collaborative efforts and strong cooperation among the employees and management. NHMFC is one of the government’s key shelter agencies under the administrative supervision of DHSUD.


ISO 9001:2015 RECERTIFIED: NHMFC key officers pay attention as TUV SUD PSB Philippines, Inc. auditors conclude their 3-day remote audit in a virtual meeting for the corporation’s successful ISO recertification for its Securitization of Housing Loan Portfolios (Purchase of Housing Receivables, Collection Amortization, Securitization, and Post Issuance of Bonds) and Borrower’s Services.

NHMFC Remits Its Highest Dividends to NG

The prime state-owned secondary mortgage player, National Home Mortgage Finance Corporation (NHMFC), remitted to the national government its highest ever dividends totaling ₱264 million comprising of dividends for CY2019 net earnings and back dividends for prior years.

This is a 49% increase from last year’s ₱177 million for CY2018.

NHMFC has remitted a total of ₱937 million dividend contributions from 2012 to the present. Additionally, it expects the remaining prior years’ dividends to be paid out next year.

Pursuant to R.A. 7656 known as the “GOCC’s Dividend Law,” GOCC’s are required to declare and remit at least 50% of their annual net earnings as cash, stock, or property dividends to the national government on or before May 15th of each year. However, with the COVID-19 outbreak challenging our country, GOCC’s are requested by the Department of Finance (DOF) to remit their dividends a month earlier in support to the Bayanihan to Heal as One Act.

"Given the current health emergency, our early dividends remittance will help our government in its effort to lighten the economic situations faced by our people most affected by the COVID-19 crisis," said Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo Del Rosario, who also chairs the NHMFC Board of Directors.

NHMFC is one of the government’s key shelter agencies under DHSUD.

“We assure you that we at the housing sector are also committed to working with our government in sourcing more funds to battle this pandemic,” he added.

This year, NHMFC’s dividends are paid through the transfer of government securities carried at fair value, in which any under or over remittance of dividends due to market fluctuations shall be reflected as an adjustment to dividends in arrears. This scheme has been approved by DOF.

Moreover, NHMFC continuously proves its strong financial performance as it is also set to pay its highest corporate income tax for CY2019 amounting to Php83,430,349 on June 12, 2020.  This amount overshadowed the previous year’s remittance by 119% or equivalent to Php45.38 million.

The corporation also paid its Percentage Tax levied from its gross sales/receipts amounting to Php34,344,165. This again is 160% or equivalent to Php21.13 million higher than its 2018 remittance.

Secretary Del Rosario said that NHMFC is among the GOCCs  that  steadily contributes to the national treasury through its yearly increasing annual payment of dividends and corporate taxes.###


NHMF Launches BALAI Rewards

Housing loan borrowers of National Home Mortgage Finance Corporation (NHMFC) can now enjoy points redemption reward through its recently launched BALAI Rewards and Incentives Program (BALAI Rewards).

BALAI Rewards can be availed by the borrowers whose accounts are active and updated starting January 1, 2020.

Borrowers who pay their monthly amortizations on or before their respective due dates earn one (1) point.   For every 12 BALAI Rewards points earned within a 15-month period, a borrower is entitled to receive a gift certificate worth Php1,000.00.  A bonus gift certificate will also be given if a borrower earns 12 points for 3 consecutive years.

Eligible accounts under this program are automatically qualified to the raffle draw.  Winners will be picked electronically and awarding will be every December to coincide with NHMFC’s anniversary.  Cash prizes at stake are Php 200,000.00 (1st Prize), Php 100,000.00 (2nd Prize), Php 50,000.00 (3rd Prize), and 3 consolation prizes of Php15,000.00 each.


“For several years, the NHMFC has concentrated on providing repayment incentives for delinquent and non-performings loans, and rarely on the regular or prompt paying accounts.  Consider this new program as a reward for our borrowers who religiously pay their monthly amortizations,” NHMFC President Felixberto U. Bustos said during the launch.

BALAI Rewards can be easily accessed through  BALAI Rewards mobile app, My NOA kiosks located at NHMFC offices, and the NHMFC’s official website 

NHMFC Grants Moratorium to Its Housing Loan Borrowers Amidst COVID-19 Outbreak

The National Home Mortgage Finance Corporation (NHMFC) announced today the grant of a 3-month moratorium on the payment of monthly amortization to its housing loan borrowers effective March 16 to June 16, 2020, subject to extension should the emergency situation prevail.

This is pursuant to Presidential Proclamation 922 dated March 8, 2020 declaring a State of National Health Emergency throughout the country due to the threats posted by the deadly novel corona virus (COVID 19).

"We are now under a State of National Health Emergency due to COVID-19 so we want to ensure our borrowers that in this crisis, their mortgages payment will not be a burden to them." DHSUD Secretary Eduardo Del Rosario said.  NHMFC is one of the government’s key shelter agencies under the Department of Human Settlements and Urban Development.

Interested and qualified borrowers whose accounts are in current status or 0-3 months in arrears, should file their application for moratorium at any NHMFC office within 30 days after the national state of emergency has been lifted.

Borrowers may also opt to keep their accounts updated thru Paymaya’s online payment facility.  Even without going to NHMFC offices, borrowers may log-in to access their accounts at www.nhmfc.gov.ph.***



PANOORIN: Mensahe mula kay DHSUD Secretary Eduardo del Rosario hinggil sa ipinatupad na tatlong-buwang moratorium sa pagsingil ng mga loan sa mga Key Shelter Agencies. #DHSUD

Posted by Department of Human Settlements and Urban Development on Tuesday, March 17, 2020









Moratorium Guidelines


  • Who are qualified to avail?

    All borrowers under all of NHMFC’s portfolio whose accounts are in current status (0 – 3 months) as of March 16, 2020.

  • When and where to file application?

    Interested and qualified borrowers should file their application for moratorium at any NHMFC office within 30 days after the national state of emergency is lifted.

  • When will it take effect?

    The moratorium shall be for a period of three months effective March 16 to June 16, 2020, subject to extension should the emergency situation prevail.

  • What will happen to the loan once moratorium is availed and consequently approved?

    As a result of the moratorium, the loan term shall be automatically extended equivalent to three months or to the same number of months that the account is under moratorium.

NHMFC Holds Its First Regional Stakeholders’ Forum in Luzon, Calls for Participation in Reducing Housing Backlog

The National Home Mortgage Finance Corporation (NHMFC) recently held the first of its three-legged 2019 Regional Stakeholders’ Forum in Baguio City attended by various local developers, cooperatives and stakeholders coming from the different provinces of Luzon.

With the theme “Everybody Deserves a Home and It Should Never Take Too Long”, the event aimed to encourage participation in the government’s various housing programs to reduce the gap in affordable housing.

“One of the things that should make the people residing in the Cordillera Administrative Region (CAR) happy is that with the creation of the Department of Human Settlements and Urban Development (DHSUD), we (the government’s Key Shelter Agencies[KSAs]) are now required to put up regional offices in all the regions of the country so the government can concentrate on working closely with the stakeholders and developers,“ Director Jeanette Cruz of the Housing and Urban Development (HUDCC) said during the event.  She also encouraged theparticipants to send their inputs and suggestions to HUDCC on how the Department can be a more effective and responsive organization.

She further stressed that“DHSUD will strengthen the integration of the roles, functions, programs, and services among the KSAs and the Department.  In effect, the turn around time for all housing transactions will be significantly reduced.” 

Mr. Rodel Leocario of NHMFC’s Strategic Relations and Marketing Department, highlighted the corporation’s core programs – the Housing Loan Receivables Purchase Program (HLRPP) and Socialized Housing Loan Take-out of Receivables (SheLTeR). HLRPP provides loan facilities for middle income sector with loan value up to Php3 million while SheLTeR targets low-income sector with loan value up to Php750,000.00.

In a separate interview with NHMFC President Dr. Felixberto U. Bustos Jr, he said that “NHMFC’s essential role is to contribute to the reduction of the housing backlog in the country by sustaining the liquidity of the housing sector through a strengthened secondary market.” NHMFC is the government’s primary secondary mortgage institution.

Atty. Christopher Ryan Tan, President of Center for Housing and Independent Research Synergies (CHAIRS), who was among the speakers during the forum, said that this administration needs to accelerate production of houses to address the country’s housing gap and called on everyone’s involvement. While he applauded the creation of DHSUD, he also pointed out the need to include the stakeholders, such as the Organization of Socialized Housing Developers (OSHDP) and other real estate developers, in drafting the Implementing Rules and Regulations (IRR) of the newly created department.

The forum also provided stakeholders the opportunity to present their different products that improve housing facilities while going pro-environment. Mr. Daniel Camacho, the local inventor of the Green Eco-Toilet System (GETS), presented his award-winning water conservation system; Mr. Mark Tan of Palmeco Industries who introduced the use of PalmEco Board material in building eco-friendly housing that is resistant to fire, water and termites, non-toxic and can last a decade; and Mr. Mark Son of Solar Philippines who presented their solar products and services that will help reduce electricity costs.  Also present during the event was Housing and Land Use Regulatory Board  (HLURB) Director, Atty. Jann Roby Otero, who talked about HLURB updates on policies and guidelines.

The next Regional Stakeholders Forum will be held in Cebu City on June 2019 and in Davao on September 2019.***




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