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                    [ArticleID] => 484937
                    [Title] => VP explains sale of mortgages to Deutsche Global
                    [Summary] => 
The sale of mortgages by the National Home Mortgage Finance Corp. (NHMFC) to Deutsche Bank Real Estate Global Opportunities (Deutsche Global) was part of the cleaning-up that had to be done to the housing sector, Vice President and Housing and Urban Development Coordinating Council (HUDCC) chairman Noli De Castro said.
                    [DatePublished] => 2009-07-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804865
                    [AuthorName] => Pia Lee-Brago
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 310877
                    [Title] => NHMFC pays housing loans
                    [Summary] => The National Home Mortgage Finance Corp. (NHMFC) reportedly remitted a total of P3.762 billion to the Social Security System (SSS) and the Home Development Mutual Fund (HDMF or Pag-IBIG Fund).


The amount represents NHMFC’s pro-rata shares in the proceeds of the sale of non-performing loans (NPLs) sold to a special purpose entity- the Balikatan Housing Finance Corp. Inc. (BHFCI).


The bad loan sale consists of low-cost housing mortgages created from the grant of housing loans by NHMFC using wholesale funds lent to it by SSS and Pag-IBIG Fund. 


                    [DatePublished] => 2005-12-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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BALIKATAN HOUSING FINANCE CORP

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                    [ArticleID] => 484937
                    [Title] => VP explains sale of mortgages to Deutsche Global
                    [Summary] => 
The sale of mortgages by the National Home Mortgage Finance Corp. (NHMFC) to Deutsche Bank Real Estate Global Opportunities (Deutsche Global) was part of the cleaning-up that had to be done to the housing sector, Vice President and Housing and Urban Development Coordinating Council (HUDCC) chairman Noli De Castro said.
                    [DatePublished] => 2009-07-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804865
                    [AuthorName] => Pia Lee-Brago
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            [1] => Array
                (
                    [ArticleID] => 310877
                    [Title] => NHMFC pays housing loans
                    [Summary] => The National Home Mortgage Finance Corp. (NHMFC) reportedly remitted a total of P3.762 billion to the Social Security System (SSS) and the Home Development Mutual Fund (HDMF or Pag-IBIG Fund).


The amount represents NHMFC’s pro-rata shares in the proceeds of the sale of non-performing loans (NPLs) sold to a special purpose entity- the Balikatan Housing Finance Corp. Inc. (BHFCI).


The bad loan sale consists of low-cost housing mortgages created from the grant of housing loans by NHMFC using wholesale funds lent to it by SSS and Pag-IBIG Fund. 


                    [DatePublished] => 2005-12-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

        )

)

abtest

VP explains sale of mortgages to Deutsche Global

By Pia Lee-Brago | July 10, 2009 - 12:00am

The sale of mortgages by the National Home Mortgage Finance Corp. (NHMFC) to Deutsche Bank Real Estate Global Opportunities (Deutsche Global) was part of the cleaning-up that had to be done to the housing sector,...

Business

NHMFC pays housing loans

December 6, 2005 - 12:00am

The National Home Mortgage Finance Corp. (NHMFC) reportedly remitted a total of P3.762 billion to the Social Security System (SSS) and the Home Development Mutual Fund (HDMF or Pag-IBIG Fund). The amount represents...

Banking