On April 12, 2024, the National Home Mortgage Finance Corporation (NHMFC) and Chinabank forged an agreement to explore avenues for bolstering liquidity in the housing market.
“This collaboration aims to deepen the ties between NHMFC and Chinabank,” stated NHMFC president Renato Tobias. He further emphasized that this marks the onset of a promising partnership between the two institutions.
Tobias highlighted, “This joint effort between NHMFC and Chinabank reflects a dedicated endeavor to fortify the housing market, enabling it to effectively address the evolving needs of Filipino homeowners.”
The National Home Mortgage Finance Corporation, an essential housing agency under the Department of Human Settlements and Urban Development, is tasked with enhancing liquidity in the housing sector through the secondary mortgage market.
