National Home Mortgage Finance Corporation

Every Filipino deserves a home and it should never take too long

General Information
Company Name
National Home Mortgage Finance Corporation
Founded Year
1977
Location (Offices)
Philippines +1
Founders / Decision Makers
Number of Employees
117
Industries
Finance, Financial Services, Government and Military +1
Funding Stage
-
Social Media

National Home Mortgage Finance Corporation - Company Profile

National Home Mortgage Finance Corporation (NHMFC) is a government-owned corporation established in 1977, with the goal of operating a sustainable secondary mortgage market under the Department of Human Settlements and Urban Development (DHSUD) in the Philippines. The company's slogan, "Every Filipino deserves a home and it should never take too long," reflects its commitment to providing accessible housing loans to the Filipino populace. NHMFC's core function is to enhance the availability of affordable housing loans for aspiring homeowners by establishing and managing a secondary market for home mortgages. In line with its mandate, NHMFC purchases mortgages originated by private financial institutions, subsequently making these available to the public through the issuance of mortgage-backed financial instruments. This approach facilitates the flow of capital in the real estate sector, supporting the Filipino population in their pursuit of homeownership. As a key player in the Financial Services industry, NHMFC's activities directly contribute to the socio-economic development of the Philippines by addressing the housing needs of its citizens. Despite no recent publicized investments, NHMFC's significant role in promoting homeownership and facilitating mortgage financing positions it as an influential entity in the country's housing and financial sectors.

Taxonomy: NHMFC, home mortgage finance, housing loans, secondary market, affordable housing, Filipino homebuyers, mortgages, financial instruments, government-owned corporation, DHSUD, Philippines, housing units, private financial institutions, mortgage backed securities, housing finance

Funding Rounds & Investors of National Home Mortgage Finance Corporation (0)

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There is no investment information

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