Litigation is the process of taking a case through court. The litigation or legal process is most common in civil lawsuits. In litigation, there is a plaintiff (one who brings the charge) and a defendant (one against whom the charge is brought).
If you want to buy a foreclosed property mortgage through NHMFC, you are required to pay a ligitation fee. I have known someone who paid a litigation fee of more than 50K for a foreclosed property. There is no question about the fee. The question is, the receipt provided by NHMFC is not an official receipt but a receipt that you can just buy from Recto or anywhere else. Is this a normal practice for NHMFC? Is VP Jojo Binay even aware of this anomaly at NHMFC?
Where will these litigation fees be going? You guess is as good as my mine. MHFMC officials please explain. Thank you!