Ensuring sustainable housing finance through an increase in the quantity/amount of housing loan receivables purchased by the National Home Mortgage Finance Corporation (NHMFC) / (Record no. 1257)

MARC details
000 -LEADER
fixed length control field 03218 a2200181 4500
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Sarangaya, Josephine Q.
9 (RLIN) 5317
245 10 - TITLE STATEMENT
Title Ensuring sustainable housing finance through an increase in the quantity/amount of housing loan receivables purchased by the National Home Mortgage Finance Corporation (NHMFC) /
Statement of responsibility, etc. Josephine Q. Sarangaya.
300 ## - PHYSICAL DESCRIPTION
Extent 118 leaves
500 ## - GENERAL NOTE
-- Sarangaya, J. Q. (2013). Ensuring sustainable housing finance through an increase in the quantity/amount of housing loan receivables purchased by the National Home Mortgage Finance Corporation (NHMFC) (Unpublished master's thesis). Public Management Development Program, Development Academy of the Philippines.
502 ## - DISSERTATION NOTE
Department Public Management Development Program
Program Middle Managers Class (MMC)
Batch Batch 2: Habi
Additional Note Thesis (MMC)--Development Academy of the Philippines.
520 ## - SUMMARY, ETC.
Summary, etc. Performance Gap In order for National Home Mortgage Finance Corporation (NHMFC) to perform its mandate to operate a viable housing finance by enhancing and ensuring liquidity in the housing sector, the Housing Loan Receivables Purchase Program (HLRPP) was developed and launched in 2010. Through HLRPP, NHMFC can purchase valid and quality housing receivables from developers, banks and other financial institutions. The purchase of housing receivables will help increase NHMFC's pool of assets for eventual securitization. However, since the conception of the HLRPP, only 14 developers participated and availed of this program, selling to us their housing receivables in the amount of P1.6B. NHMFC targeted a yearly issue of Mortgage Back Securities of one million and an increase of a million every year. But the low pool of assets hindered NHFMC to yearly securitize one million. As an effect of the low takers of the program, NHMFC was not able to internally build-up its pool of assets for eventual securitization and meet its desired mortgage backed securities issue size. Thus, in order to attain NHMFC's Securitization target, the Corporation has to come up and develop an effective and workable marketing and communication plan to address its deficient marketing program. The development and further implementation of the marketing and communication plan will somehow increase awareness of our stakeholders, as well as clients/takers of the Housing Loan Receivables Purchase and the Securitization Program. NHMFC's commitment to actual purchase of mortgages and housing loan receivables assures originating institutions of the immediate recovery and liquidity of their housing funds. This immediate recovery and recycling of funds overcomes fund volume limitations and comes to the advantage of borrowers in the form of more affordable home loans. Therefore, NHMFC can contribute in the decrease of the government's housing backlog of 4 billion and a multiplier effect in the increase of job opportunities and income revenue for the Philippines.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Housing
General subdivision Finance
Geographic subdivision Philippines.
9 (RLIN) 18434
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Mortgage--Backed securities.
9 (RLIN) 18435
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Amelia Ancog (Faculty Adviser)
9 (RLIN) 5320
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Dulay, Daisy S. (Institutional Partner)
9 (RLIN) 5321
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Umbac, Sylvia Angelique S. (Program Representative)
9 (RLIN) 5301
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type THESIS
Source of classification or shelving scheme Library of Congress Classification
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
    Library of Congress Classification     MAIN MAIN 03/14/2016   LG 993.5 S27 2013 c.1 TD00485 03/14/2016 09/16/2022 THESIS
    Library of Congress Classification     MAIN MAIN 03/14/2016   LG 993.5 S27 2013 c.2 TD00863 03/14/2016 09/16/2022 THESIS

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