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Manila Bulletin devider Business devider Global delegates hail NHMFC-hosted Mortgage Market Global Summit

Global delegates hail NHMFC-hosted Mortgage Market Global Summit

European Mortgage Federation - European Covered Bond Council (EMF-ECBC) Secretary General Luca

Published Mar 11, 2025 07:43 am
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Bertalot discusses covered bond issuances and challenges of foreign exchange across jurisdictions.

 

Global key figures in the mortgage industry including European Mortgage Federation-European Covered Bond Council (EMF-ECBC) Secretary General Luca Bertalot  hailed the remarkable success of the recently held first-ever Mortgage Market Global Summit (MMGS) 2025 hosted by the National Home Mortgage Finance Corporation (NHMFC).

The summit, which took place in partnership with the EMF-ECBC, the International Secondary Mortgage Market Association (ISMMA), and the Development Bank of Singapore (DBS), provided insights, facilitated networking, and bolstered the development of capital markets in the Asia-Pacific region, especially in the Philippines.

Bertalot lauded the event, stating that “It was probably one of the best events I have attended in my career,”  highlighting the impressive organization and seamless execution that significantly impacted the global mortgage market.

Bertalot was among the array of distinguished speakers at the summit, joining ISMMA Chairman and Tanzania Mortgage Refinance Company CEO Oscar Mgaya, Japan Housing Finance Agency Director General Yuji Date,  Cagamas - National Mortgage Corporation of Malaysia President Kameel Abdul Halim, European Federation of Building Societies  Managing Director Christian König,  Covered Bond Consultant Richard Kemmish, FMO-Dutch Development Bank Senior Investment Officer Maurits Fliehe Boeschoten, S&P Global Ratings Head of Asia Pacific Structured Finance Emily Chiu, DBS Bank Head of Structured Debt Solutions and Executive Director Kwok Pin Lim, Bangko Sentral ng Pilipinas Monetary Board Member Rosalia De Leon, Land Bank of the Philippines Senior Vice President & Head of Investment Banking Group Gonzalo Benjamin Bongolan, and R-II Builders Vice President Markroy Boado.  Their discussions centered on the mortgage finance, sustainable housing, covered bond issuances and challenges, the growth of capital markets, as well as the essential role of international cooperation in addressing housing challenges.

In another statement, leading covered bond consultant Richard Kemmish remarked that the summit was “the right event at the right time,” emphasizing the increasing role in addressing the housing needs of the Philippines in the coming year. “Bringing together international and domestic stakeholders to exchange ideas helps the process,” he added, underscoring the significance of collaboration in the mortgage landscape.

Other delegates who attended the summit, both from local and international backgrounds, also praised NHMFC for setting a high standard in organizing and executing such an impactful global event. The resounding success of  bringing together global leaders, experts and policy makers of the mortgage industry, banks and financial institutions around the world paved another way for future collaborations and innovative strategies to enhance the mortgage market all over the world.

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