February 5, 2014

Tighter rules on real estate loans mulled

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) may implement stricter guidelines on banks’ exposure to the real estate sector as the country’s property market continues to boom. “Our prudential focus here is to monitor and determine whether acceptable credit standards are maintained by banks with respect to their exposures to real estate,” BSP …

Tighter rules on real estate loans mulled Read More »

Guidelines on the Housing Loan Receivables Purchase Program of the National Home Mortgage Finance Corporation (NHMFC)

The National Home Mortgage Finance Corporation (NHMFC) is a Secondary Mortgage Institution (SMI) with the primary purpose of attracting long term investments through the issuance of housing bonds or other securities in order to increase liquidity in the housing sector and to purchase residential loan/mortgage receivables originated by both public and private institutions and developers …

Guidelines on the Housing Loan Receivables Purchase Program of the National Home Mortgage Finance Corporation (NHMFC) Read More »