Cagamas and NHMFC sign MoCto promote home ownership


KUALA LUMPUR: Cagamas Bhd, the country’s national mortgage corporation, and the Philippines’ National Home Mortgage Finance Corporation (NHMFC) will jointly explore housing methods to promote home ownership in their respective countries.

The Memorandum of Cooperation (MoC) signed by the two institutions in Manila yesterday would enable the wealth of domestic experience in housing finance, mortgage and financial instruments to be mutually exchanged between Malaysia and the Philippines.

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