Federal Mortgage Bank
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...
FG picks firm to audit houses in major cities
To ascertain numbers of vacant buildings, the Federal Government has commissioned a firm to take inventory of unoccupied housing units in major cities in each of the geopolitical zone.
How we suffer under our state governments, by workers
May Day celebrations across the country yesterday gave workers yet another opportunity to vent their displeasure over the ways their state governments handle their welfare.
FMB approves N360m loan for 451 civil servants in Adamawa
The Federal Mortgage Bank of Nigeria (FMBN) has approved N360 million loan for 451 civil servants of Adamawa, an official has said.
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.
Realtors demand freezes in conversion of homes to commercial purposes
Estate surveyors also urged the federal authorities to engage the services of qualified professionals in the execution of the proposed 10,000 housing units in each State to ensure its success.
FG to inject N500bn into mortgage bank to tackle housing deficit
The Federal Government says it will inject N500 billion into the Federal Mortgage Bank to enable it meet the housing needs of Nigerians.
Stakeholders seek single digit interest rate for mortgage loans
Still grappling with the problem of access to long-term fund for housing, stakeholders have urged the Federal and State governments to maintain the single digit interest rate in mortgage loan even if it requires subsidizing for the low income earners.