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The company's low-cost housing units and lots were made more affordable through the government's Home Development Mutual Fund (HDMF, also known as Pag-IBIG Fund) housing loan program. [2] [3] Globe Asiatique's first residential housing project was the Santa Barbara Villas I subdivision in San Mateo, Rizal launched in 1994.
Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
This process involves the sale of the property by the mortgage holder without court supervision (as elaborated upon below). This process is generally much faster and cheaper than foreclosure by judicial sale. As in judicial sale, the mortgage holder and other lien holders are respectively first and second claimants to the proceeds from the sale.
Some lawmakers in the U.S. Congress have expressed dismay at President Donald Trump's threat to slap new tariffs on Canada, China and Mexico, but they have limited power to stop him. The U.S ...
REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]
The Texas heiress who held a lavish “wedding of the century” for an estimated $59 million has shared a new update in their ongoing love story amid her husband's legal battle.
The Patriots blew their shot to have the first pick of the draft by beating the Bills 23-16, who were mostly playing backups with the No. 2 seed already clinched. Milton led the way, completing 22 ...
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