“For 2023 we have approved a goal of 443,000 loans, 100,000 more than this year,” said José Héctor Tejada, representative of the business sector before the General Assembly and president of Concanaco-Servytur: “Let’s seek, in a tripartite manner, how we can achieve the placement of all these credits”, he highlighted.
Infonavit, he said, has a major challenge, because “in this 2022 we fell short by not having placed 170,000 credits, equivalent to 30,000 million pesos.”
Another challenge, he pointed out, has to do with ensuring that workers who earn less than three minimum wages have access to financing. One more challenge is related to recovering the mortgage portfolio and reducing past-due portfolio rates.
In the third quarter of this year, the overdue portfolio was 9.6% for loans in pesos and 29.02% in financing times minimum wages, according to figures from the Institute.
Carlos Martínez, general director of the institute, announced that he will continue to promote the Shared Responsibility program, which converts credits from times the minimum wage (VSM) to pesos, as well as maintaining an interest rate of 2% for workers who earn less.
The balance of the loans in VSM will also be updated to a lesser extent than in inflation and, for those who still do not have a loan, the workers’ housing sub-accounts will be offered a higher yield than the retirement savings system.
In his speech, Patricio Flores, representative of the workers’ sector, called for an end to the problem of unpayable loans, for which he celebrated the financing in pesos and at fixed interest rates.
Carlos Martínez, general director of Infonavit, welcomed the fact that they are working on real estate developments with services, which will avoid problems of abandoned housing, as occurred in previous administrations.
“After four years of work, we have granted 1.8 million loans and have supported 3.4 million people to restructure their debts,” he celebrated.
Infonavit will initiate a credit scheme for home improvement, prioritizing the states that present a greater lag and will serve those who no longer have an active employment relationship.
“In 2023 we will open at least 16 service centers throughout the country,” said Carlos Martínez, adding that there will be legal advice on portfolio recovery.
