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...

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…

With a housing demand estimated at over 17 million accelerated by an exponential increase in population, leading mortgage bank, Imperial Homes Mortgage Bank, formerly GTHomes, has assured Nigerians of its commitment to providing easy and affordable mortgage solutions to address and help reduce the housing deficit in Nigeria.     The bank made this known in…

NMRC has signed a Memorandum of Understanding (MoU) with Alpha Mead Development Company (AMDC) and Ogun State Property Investment Corporation (OPIC) to improve access to quality affordable homes and deepen Nigeria’s mortgage market.

Determined to assist young Nigerians to be self-reliant, AG Mortgage Bank Plc, in partnership with Lashone Links Business School, a skills acquisition centre, have concluded plans to grant non-interest loans to its graduates.

The Federal Mortgage Bank of Nigeria is to be recapitalised to the tune of N500 billion.

The branch was commissioned by the state Governor, Ogbeni Rauf Aregbesola who disclosed that the bank which was incorporated in 1993 is a licensed mortgage institution with primary responsibilities of providing mortgage banking services...

The Federal Mortgage Bank of Nigeria (FMBN) has also moved to ensure the Economic and Financial Crimes Commission (EFCC) recovered misappropriated contributory funds under the National Housing Fund (NHF).