Tag: Loan Restructuring
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Philippine House Passes Bill to Restructure and Forgive Government Housing Loans
The Philippine House of Representatives has given the green light to a bill aimed at restructuring and forgiving government housing loans, marking a significant step towards easing the financial burden on low-income families. On January 22, 2025, the bill passed its final reading with a strong majority of 178 votes in favor, only three against,…
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Philippine House Passes Bill to Restructure and Condon Interest on Government Housing Loans
The Philippine House of Representatives has given the green light to a bill that aims to ease the financial burden on recipients of government housing loans. On January 22, 2025, the bill passed its final reading with a strong majority of 178 votes in favor, only three against, and no abstentions. The legislation, known as…
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