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State-run Home Development Mutual Fund (Pag-IBIG) Fund opened 2023 with P27.57-billion worth of home loans released, reflecting a 14% climb from the P24.21 billion in the first quarter of 2022.
The Home Development Mutual Fund, commonly known as Pag-IBIG, has released a record-high P28 billion in housing loans in the first quarter for over 20,000 members.