National Home Mortgage Finance Corporation (NHMFC) has closed its fifth securitization exercise called “BALAI Shelter Compliance ABS” involving total issuance worth around P715.152 million. Securitized is a portion of the socialized housing loan portfolio NHMFC acquired from the Home...
State-run Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is banking on the country’s economic recovery in bringing down its soured loans to single-digit within one year. Acmad Rizaldy P. Moti, Pag-IBIG Fund chief executive officer, said the company’s non-performing loan (NPL)...
State-run Home Development Mutual Fund, commonly known as PAG-IBIG Fund, reported return to pre-pandemic levels in terms of finance performance last year. Eduardo D. del Rosario, Pag-IBIG Fund chairperson said on Thursday, Feb. 24, that the company’s net income increased 9.5 percent to P34.73...