Condonation of Penalties on SSS Housing Loans

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EXECUTIVE ORDER NO. 149: Condonation of Penalties on SSS Housing Loans

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Title Source: Supreme Court: Condonation of Penalties on SSS Housing Loans

Law: Executive Order No. 149

Decision Date: Mar 15, 1987

An executive order is issued to condone penalties on delinquent housing loan accounts with the Social Security System in the Philippines, encouraging borrowers to update their accounts by waiving penalties but still requiring payment of principal and interest.

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