Determined to ensure participation of all states in the National Housing Fund (NHF) scheme, the Federal Mortgage Bank of Nigeria (FMBN) has appealed to the Kano State Government to renew its participation in the National Housing Fund (NHF) Scheme.
FMBN urges state government to reduce title perfection fees
Amid low mortgage penetration and need to ensure affordability, the Federal Mortgage Bank of Nigeria (FMBN) has urged state governments to reduce title perfection fees
AU adopts five-point agenda on housing finance shortage
To address the challenges facing housing affordability across the African continent, members of African Union for Housing Finance (AUHF) have adopted a 5-Point Plan for African Governments to address housing finance issues.
FMBN urges mortgage banks to improve on NHF loans processing, disburses N75.5 billion
Following its mandate to boost the provision of affordable housing to Nigerian workers that are registered contributors to the National Housing Fund (NHF) scheme, the Federal Mortgage Bank of Nigeria (FMBN) has re-stated strong commitment to the speedy processing of qualified housing loan applications. The bank has also appealed to its partner primary mortgage banks…
Stakeholders advocate reduction in housing deficit, better mortgage system
Edo State Governor, Godwin Obaseki and other critical stakeholders in the real estate sector have advocated a reduction in housing deficit and better mortgage systems for middle-income earners in the country.
Experts canvass cooperative housing financing system
Industry leaders have argued that to significantly reduce estimated 22 million housing deficit, there is an urgent need to start a cooperative housing financing system to deliver affordable houses in the country.
Litigations impeding Lagos homes ownership scheme
With about three million in housing deficits, the Lagos Home Ownership Mortgage Scheme (Lagos HOMS) conceived by the Babatunde Fashola administration was seen as a game-changer in home ownerships by housing experts..
Family Homes Funds, Shelter Afrique seal deal to improve housing
As the nation’s housing crisis continues to worry about the authorities, Nigeria’s largest Social Housing Fund - Family Homes Funds (FHF) has signed a Memorandum of Understanding (MoU) with pan-African housing finance institution, Shelter Afrique towards building more affordable homes in the country.
NMRC, Kaduna agree on N3b mortgage scheme
Determined to create an enabling environment for affordable housing and mortgage creation, Nigeria Mortgage Refinance Company Plc (NMRC) has sealed a tripartite agreement with the Kaduna State Government (KDSG) and FHA Mortgage Bank that will boost the state’s mortgage scheme.