Following the impact of the coronavirus pandemic on the real estate sector, stakeholders including five chief executives in the mortgage finance industry have move to cushion the effect on the average Nigerians seeking decent and affordable housing in the country.
Experts propose three-month processing time for NHF loan
As the Coronavirus pandemic (Covid-19) ravages the world with its impact on economy and wellbeing of individual households, experts in real estate are seeing...
Experts urge increased awareness on mortgage financing
To increase home ownership in the country, eggheads in the real estate sector have called for increased and sustained enlightenment on mortgage financing.
Groups hail CBN’s proposed intervention for housing, mortgage industry over COVID-19
The umbrella body for real estate developers - Real Estate Developers Association of Nigeria (REDAN) and a housing sector advocacy group – Housing Development Advocacy Network (HDAN) have commended...
‘Mortgage/housing sector requires palliatives to boost activity’, Akintayo Oloko
Following the global economic challenges experienced as a result of the COVID-19 pandemic, mortgage and finance expert, Akintayo Oloko, has said that the mortgage/housing sector will require palliatives
FG launches national cooperative housing development scheme
Following the overhaul of the Federal Government’s housing policy, a new plan has come on stream that offers affordable housing estate construction finance
Worries as states fail to back mortgage foreclosure law
Although the mortgage industry is being enhanced, but industry players are still concerned about the non-adoption of model mortgage and foreclosure law by majority of the states...
FMBN in talks with Kano government on NHF scheme revival
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.