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.
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..