+ Follow DR. LEGASTO Tag
Array
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[ArticleID] => 99046
[Title] => New collection strategy to save housing agency P5 B
[Summary] =>
While home financing agencies, saddled with sour and non-performing real estate
mortage accounts, would traditionally turn to account foreclosure to recover
their fund exposures, the National Home Mortgage Finance Corporation (NHMFC) is
employing an innovative and alternative strategy to costly foreclosure -- sale
of mortgage rights (SAMOR) -- to save an estimated P5-billion in costs.
This was reported by Dr. Augusto A.
[DatePublished] => 2000-05-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 101429
[Title] => NHMFC to auction delinquent loans
[Summary] =>
The National Home Mortgage Finance Corporation (NHMFC) will sell through public
bidding the agency's rights over delinquent mortgage receivables with a total
minimum bid price worth P1.54-billion.
Dr. Augusto A. Legasto, Jr., NHMFC president, anounced that the housing agency
will receive sealed bids from interested parties on the purchase of mortgage
rights on some 3,724 housing units the list, location and respective minimum
bid prices had earlier been published in major newspapers.
The bids will be publicly opened on Feb. 17 at 10 a.m.
[DatePublished] => 2000-01-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
DR. LEGASTO
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 99046
[Title] => New collection strategy to save housing agency P5 B
[Summary] =>
While home financing agencies, saddled with sour and non-performing real estate
mortage accounts, would traditionally turn to account foreclosure to recover
their fund exposures, the National Home Mortgage Finance Corporation (NHMFC) is
employing an innovative and alternative strategy to costly foreclosure -- sale
of mortgage rights (SAMOR) -- to save an estimated P5-billion in costs.
This was reported by Dr. Augusto A.
[DatePublished] => 2000-05-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 101429
[Title] => NHMFC to auction delinquent loans
[Summary] =>
The National Home Mortgage Finance Corporation (NHMFC) will sell through public
bidding the agency's rights over delinquent mortgage receivables with a total
minimum bid price worth P1.54-billion.
Dr. Augusto A. Legasto, Jr., NHMFC president, anounced that the housing agency
will receive sealed bids from interested parties on the purchase of mortgage
rights on some 3,724 housing units the list, location and respective minimum
bid prices had earlier been published in major newspapers.
The bids will be publicly opened on Feb. 17 at 10 a.m.
[DatePublished] => 2000-01-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
January 24, 2000 - 12:00am
