Pag-IBIG to Xevera homeowners: we will continue accepting payments


Pag-IBIG Fund assured the homeowners of Xevera Mabalacat in Pampanga that Pag-IBIG will continue to accept housing loan payments from original buyers as appearing in the records of the Fund.


In a dialogue with the officers of the Xevera Mabalacat Homeowners Association, Inc. (XMHOAI) on December 23, 2015 in the subdivision's clubhouse, Marilene Acosta, Pag-IBIG Senior Vice President for Home Lending Operations Sector, said that Pag-IBIG has never ceased and will continue accepting payments of Xevera residents whose housing loans are under Pag-IBIG Fund.


"We do not see any problem with homeowners religiously paying their monthly obligation with Pag-IBIG. In fact, we highly encourage it," Acosta said.


The dialogue was conducted upon the directive of Atty. Chito Cruz, Pag-IBIG Fund Board of Trustees Chairman, to thresh out the issues raised by the XMHOAI.
Acosta, however, explained that Pag-IBIG has no legal authority to accept the payments of in-house buyers or those with housing loans not under the account of Pag-IBIG Fund. She clarified that some housing units in Xevera were acquired by the buyers directly from Globe Asiatique (GA).


It will be recalled that Pag-IBIG Fund filed a P6-billion syndicated estafa case against Delfin Lee and other officers of GA in 2010 following the discovery of bogus housing loan transactions. Double sale transactions by GA were also uncovered. The Pampanga RTC is now trying Delfin Lee for the estafa case. According to Pag-IBIG Fund President and Chief Executive Officer Atty. Darlene Marie Berberabe, some 150 double sale victims of GA who also asked for their day in court have already filed their own fraud charges against GA.


"We are doing our best to help the affected homebuyers get justice as we are both victims of GA here. They can approach us so we can work together to right the wrong GA committed,” Berberabe explained.


Meanwhile, Berberabe said that Pag-IBIG shares the same interest of maintaining the Xevera Mabalacat subdivision's cleanliness and peace and order.
"We are collaborating with the HOA to discuss and agree to the most fair and best way to pay for the upkeep," Berberabe added.


Pag-IBIG and XMHOAI agreed to conduct an inspection/verification of the Pag-IBIG owned units in Xevera on the first week of January 2016.
To assist defaulting Pag-IBIG borrowers in Xevera, Pag-IBIG also agreed to conduct counselling and on-site services who are interested to avail of the loan restructuring program of the Fund.


Pag-IBIG and the XMHOAI officers both welcomed the open line of communication and the positive attitude to look for a mutually acceptable resolution of the issues, while the legal cases are pending in court.
  

Comments

Post a Comment

Popular posts from this blog

UP Diliman Professors Share Scientists’ Procurement Struggles at Senate Hearing

By Harvey Sapigao Senate hearing of the revised procurement law (Photo credit: Senate of the Philippines) College of Science (CS) Dean Giovanni Tapang held up a little white device as he finished his presentation. “This is a ₱150,000 component,” he described. “Isa lang gumagawa nito sa buong mundo, pero ang hirap pilitin sila na magregister sa PhilGEPS,” he continued, referring to the requirement that foreign companies must first register to the Philippine Government Electronic Procurement System (PhilGEPS) before they can sell products to local scientists. Marine Science Institute (MSI) Deputy Director Dr. Irene Rodriguez explained that the small device is a resin that filters metals in water. “May budget tayo,” she said, “pero ang problema ko ay ‘yung resin na ito.” This and other bottlenecks brought about by the procurement law, or the Government Procurement Reform Act (RA 9184), slow down research and development in the country. UPD leaders were invited to the Senate he
Read more

How war is putting Middle East aviation at risk ---AL JAZEERA

The human suffering in Gaza is accompanied by losses that are undermining this vital industry With more than 40 years' experience in aviation, including a stint as chief executive Bahrain's Gulf Air and sitting on the International Air Transport Association's Board of Governors, Royal Jordanian’s CEO Samer Majali is someone who knows the industry in the Middle East – and its challenges – like few others. In an exclusive interview with The National yesterday, he spoke for many executives when he described how six months of violence in Israel and Palestine had hurt his airline and the region’s economy. While the human cost is, of course, the biggest, and Palestinian society is bearing the brunt of this war, its consequences are far reaching. The plummeting bookings, operational difficulties and financial losses being experienced by the aviation sector are being exacerbated by a widespread perception that the Middle East is in turmoil. “They lump the region as a homogeneous
Read more

Azerbaijan looks to enhance ties with Kuwait --- By Faten Omar

KUWAIT: Azerbaijani Ambassador to Kuwait Emil Karimov stated that the strong and historical ties between Kuwait and Azerbaijan pave the way for further strengthening bilateral relations across various sectors. During an iftar held by the embassy for local media, the ambassador said “With a focus on tourism, food, and education, both countries are poised to enhance collaboration and mutual exchange of expertise.” He noted that 30,000 Kuwaiti tourists visited Azerbaijan during the past year. Regarding the trade between the two countries, the ambassador said that the volume of trade exchange for the year 2023 reached $665,000 and Azerbaijan is keen to increase trade exchange with Kuwait. He said the Kuwaiti side has expressed an interest in importing food products from Azerbaijan, signaling a desire to diversify its sources of agricultural goods and strengthen economic ties to enhance trade relations. To deepen cultural understanding and foster people-to-people connections between the t
Read more