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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.
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 ...
In December 2023, Pag-IBIG approved ₱12 billion credit line for the National Housing Authority, which will finance the development of 9,110 housing units nationwide (4,111 units in Quezon City, 1,377 in Valenzuela, 944 in Zamboanga City, and 535 in San Juan). [6] The 4PH Program is envisioned to create smart cities nationwide. [7]
The Herald Center on Broadway was eventually sold for US$25 million, but the PCGG only earned a net of US$1.5 million from the sale after mortgages that had been taken on the property were paid. The 40 Wall Street building, which has since been renamed the Trump Building, was sold in a foreclosure sale before the PCGG could make good on its ...
Pag-ibig sa Nayon: Balintawak Paltok: San Francisco del Monte, Frisco Paraiso: San Francisco del Monte, Frisco Phil-Am: West Triangle, Diliman Project 6: Diliman (southeast quarter), Triangle Park (southern half) Ramon Magsaysay: Bago Bantay, Muñoz Saint Peter: Santa Mesa Heights Salvacion: La Loma San Antonio: San Francisco del Monte, Frisco ...
The Philippine Registry of Cultural Property, abbreviated as PRECUP (Filipino: Patalaan ng mga Ari-ariang Kultural ng Pilipinas), is a national registry of the Philippine Government used to consolidate in one record all cultural property that are deemed important to the cultural heritage, tangible and intangible, of the Philippines. [1]
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.
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]
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