Cagamas signed a Memorandum of Cooperation (MoC) with the National Home Mortgage Finance Corporation (NHMFC) of Philippines to jointly explore housing financing methods to promote home ownership in their respective countries and mutual technical assistance in the area of Securitisation and Islamic Capital Markets. President/Chief Executive Officer, Datuk Chung Chee Leong and President, Dr. Felixberto U. Bustos Jr represented Cagamas and NHMFC respectively, at a ceremony which was witnessed by the senior officers from both organisations.