The National Home Mortgage Finance Corporation (NHMFC) formally signed recently the Memorandum of Agreement (MOA) for the outsourcing of remediation activities for the corporation’s non-performing loans (NPLs) with three (3)accredited Service Partners (SPs).
The National Home Mortgage Finance Corporation (NHMFC) has expanded its International Organization for Standardization (ISO) 9001:2008 certification for its Borrower Counseling System, Vice President Jejomar C. Binay said Saturday.
Binay said NHMFC was awarded ISO 9001:2008 certification for its accounts servicing divisions for Rizal, National Capital Region, and Luzon.
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.