Common Contracts

COLLECTION AGREEMENT

Collection Agreement • February 14th, 2017

• Contract Type
  Collection Agreement
• Filed
  February 14th, 2017

WHEREAS, Republic Act (R.A.) 7279, otherwise known as the URBAN DEVELOPMENT and HOUSING ACT of 1992 has mandated the National Home Mortgage Finance Corporation (NHMFC) to be the administrator of the Community Mortgage Program (CMP) of the national government and thus actually pays the landowner the acquisition cost of the CMP project;