The housing loan restructuring bill will be the saving grace for nearly 370,000 homeowner who are in danger of losing their homes due to delinquency in payment of loan amortization. I’m happy that the House of the Representatives and the Senate put aside their bickering and put up a united stand in pursuing approval of [...]

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Delinquent SSS loan borrowers can now breathe a sigh of relief because the Social Security System (SSS) is extending their consolidation and condonation program beginning May 1, 2008 up to April 30, 2009.

To date, the Social Security System has P25.8 billion delinquent short-term loans in its books whose bulk it hopes to recover through consolidation [...]

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