The Governance Commission for GOCCs (GCG) led by Chairperson Justice Alex L. De Quiros (center) and Commissioners Atty. Gideon DV. Mortel (3rd from left) and Atty. Geraldine Berberabe-Martinez (6th from left), approved on Monday, July 17, 2023 , the amended salary structure of the National Home Mortgage Finance Corporation (NHMFC) under the Compensation and Position Classification System (CPCS). The amended salary scheme will retroactively take effect from the initial implementation of CPCS on October 2021. NHMFC is the government’s sole Secondary Mortgage Institution under the Department of Human Settlements and Urban Development. The GCG is the central policy-making and regulatory body of Government Owned or Controlled Corporations.

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