TOPS-LRA Seek to Simplify Land Registration, Titling

The tedious task of applying for property loans and the slow, laborious mortgage registration process may soon be a thing of the past if The Organization of Property Stakeholders, Inc. (TOPS), the Land Registration Authority (LRA) and the Bangko Sentral ng Pilipinas (BSP) succeed in introducing a standard and simplified loan mortgage document and develop an automated registration of mortgages.