COVID-19: Experts predict new wave of mortgage defaults
As the devastation by the coronavirus on the economy continues, experts say, the pandemic may trigger a wave of mortgage defaults in Nigeria, which could affect the housing market.
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...
Mortgage industry’s low profitability level discourages investors
The Federal Mortgage Bank of Nigeria (FMBN) is the custodian of NHF while Primary Mortgage Banks (PMBs) are the conduits through which the funds are disbursed to individual beneficiaries.
TrustBond Mortgage Bank wins foreign award
United Kingdon-based Capital Finance International, CFI.co has conferred on TrustBond Mortgage Bank Plc an award for “Outstanding Contribution to Home Ownership in Nigeria Award 2017.