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February 7, 2023
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 Development M
May 19, 2022
National Home Mortgage Finance Corporation (NHMFC) is raising P715.15 million through a planned fifth securitization exercise called “BALAI Shelter Compliance ABS.” This is for a portion of the socialized housing loan portfolio it acquired from the Home Development Mutual Fund (HDMF) in June 2019.
March 2, 2021
The transaction consists of one tranche of Senior Notes and one tranche of Subordinated Notes. Photo credit: https://www.facebook.com/NHMFC. The Class A Senior Notes are worth P150.0 million and shall be amortized using the Controlled Amortization method with a pre-defined amortization schedule during the Controlled Amortization Period. The Class B Subordinated Notes are worth P169.322 million, and will be amortized after all Senior Notes have been settled, with variable interest payable quarte...