NHMFC goals easier met through veteran

With over four decades of unwavering dedication to public service, Maria Luisa M. Favila has become a pillar of the National Home Mortgage Finance Corporation (NHMFC), embodying the ideals of integrity, expertise and leadership in housing finance.

As the vice president of NHMFC, Favila plays a central role in shaping strategic initiatives that fuel affordable housing and capital market development across the country.

Her journey with NHMFC began on 1 April 1982, as an audit clerk — a role she entered shortly after earning her degree in BSC-Accounting from the Polytechnic University of the Philippines in 1981 and passing the CPA Board Exam in 1982.

Over the years, she climbed the ranks with quiet determination and an unshakable commitment to public service.

From cashier to department manager, and now vice president, Favila’s steady rise reflects both her technical prowess and her profound understanding of the housing finance landscape.

Favila’s contributions transcend administrative roles. She is a recognized thought leader in mortgage securitization, having steered significant initiatives to diversify funding sources for housing programs.

On 21 March 2025, her leadership was once again on display at the signing ceremony of the NHMFC Bonds 2024 Special Purpose Trust Agreement and Securitization Plan — an event held in partnership with the Development Bank of the Philippines-Trust Banking Group.

The ceremony marked a significant milestone in the corporation’s continuing mission to mobilize capital for housing, with Favila playing a key part in this strategic breakthrough.

Earlier in March, Favila chaired the Mortgage Market Global Summit 2025 in El Nido, Palawan — a landmark gathering that brought together financial leaders, policymakers and mortgage experts from across the globe.

Sectoral finance models

As summit chairperson, she spearheaded discussions on innovative housing finance models, sustainable investment strategies and cross-border cooperation.

“This summit has been a game-changer for the mortgage sector, paving the way for stronger financial partnerships, diversified investment channels and innovative housing solutions,” Favila said.

“The global expertise shared here will drive long-term growth and sustainability in housing finance,” she added.

Her words resonated not only with summit participants, but with the wider community of professionals dedicated to building inclusive, secure housing systems.

Under her leadership, NHMFC continues to be an influential force in shaping the mortgage market — both locally and internationally.

Favila’s credentials speak volumes: a licensed CPA, a holder of both Career Service Professional and Sub-Professional eligibilities and a CESO V conferred in 1999.

Yet beyond the accolades and titles lies a public servant deeply committed to her mission — to create opportunities for more Filipinos to own homes and to pave the way for a more resilient housing finance system.

Her story is one of quiet triumph, built on decades of persistence, excellence and service.

Favila is not only a stalwart of NHMFC but also a driving force behind the country’s housing finance transformation, proving that with vision and leadership, progress is always within reach.