Davao City Mayor Rodrigo Duterte speaks before the protesting residents in the city who are calling for the moratorium on housing foreclosure in several housing projects in the city. At least 5,000 homeowners coming from different subdivisions in the city and even from neighboring towns and cities marched around the city on Wednesday afternoon, February 11, 2009 to oppose the transfer of an estimated P13 billion worth of housing loans with the National Home Mortgage Finance Corporation (NHMFC) to a private entity known as Balikatan Housing Finance Inc. (BHFI). AKP Images / Keith Bacongco
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Davao City Mayor Rodrigo Duterte speaks before the protesting residents in the city who are calling for the moratorium on housing foreclosure in several housing projects in the city. At least 5,000 homeowners coming from different subdivisions in the city and even from neighboring towns and cities marched around the city on Wednesday afternoon, Feburary 11, 2008 to oppose the transfer of an estimated P13 billion worth of housing loans with the National Home Mortgage Finance Corporation (NHMFC) to a private entity known as Balikatan Housing Finance Inc. (BHFI). AKP Images / Keith Bacongco