Stronger int’l alliance

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State-owned National Home Mortgage Finance Corporation (NHMFC) strengthened its partnership with its Asean counterparts through the signing of Memorandum of Understanding (MOU) with the Cagamas Berhad of Malaysia and the Mongolian Mortgage Corporation (MIK) held on Monday in Sentosa, Singapore.

As the government’s sole secondary mortgage institution (SMI) under the umbrella organization of the Department of Human Settlements and Urban Development (DHSUD), the NHMFC pursues collaboration with its international counterparts and exchange of information on research and programs related to the fields of housing finance, mortgage market, mortgage-backed securities (MBS) and other funding instruments.

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