‘Government must adopt policy for first-time home buyers’
Amid the clamour for a robust mortgage system that encourages homeownership, the Nigeria Mortgage Refinance Company (NMRC) has advocated for a new mortgage rule for first-time home buyers.
NMRC, Modern Shelter seal deal on affordable housing
A new Memorandum of Understanding has been endorsed between Nigeria’s foremost mortgage underwriter and a pioneer mortgage brokerage and real estate marketing firm that ensures the removal of barriers to home ownership for off takers. The deal between the Nigeria Mortgage Refinance Company (NMRC) and Modern Shelter Systems and Services Limited (Modern Shelter), will tackle…
Social housing as antidote to Nigerian housing challenges
On July 31, 2014, the Federal Government, in Abuja, launched the first 10,000 mortgages for affordable homes scheme. The then Coordinating...
Four states adopt NMRC’s draft mortgage foreclosure law
Hopes of realizing the mortgage-backed housing dream brightened recently, following the adoption of the Nigeria Mortgage Refinance Company (NMRC) pioneered draft model mortgage foreclosure law by four states in the country.
NMRC, ITF begin artisans’ training in Abuja IDP camp
In fulfilling its Corporate Social Responsibility (CSR), the Nigeria Mortgage Refinance Company (NMRC) has commenced a vocational skills acquisition programme in the New Kuchingoro IDP Camp, Kaura District, Abuja.
CBN kicks off ‘My Own Home’ scheme in Lagos
In a bid to promote increase access to housing finance and home ownership, the Central Bank of Nigeria (CBN) has launched its Nigerian Housing Finance Programme (NHFP) in Lagos area.
Nigeria showcases mortgage market system at U.S. summit
The Nigeria Mortgage Refinance Company Plc (NMRC) was amongst the 800 participants consisting of government and business leaders that attended the Corporate Council on Africa (CCA) U.S. and Africa Business Summit hosted in Washington DC .
Federal workers, NMRC in N13 billion mortgage refinancing deal
Towards providing adequate funding at low interest rate for the delivery of affordable housing to public servants, the Federal Government has entered...