NMRC foresees greater demand for homeownership, mortgage
With the current increase in crude oil prices, stability of exchange rate, strengthening of foreign investments and diaspora remittances, Nigeria Mortgage Refinance Company Plc (NMRC) expect greater demand for homeownership and mortgages.
NMRC’s N10b bond offers new vista for mortgage financing
Better days seem ahead for housing finance in the country, following the listing of the Nigerian Mortgage Refinance Company Plc. (NMRC) N10 billion fixed rate bond on the FMDQ Exchange’s platform.
NMRC refinances N18.40 billion mortgages as seven states plan foreclosure laws
Notwithstanding the harsh operating environment, the Nigerian Mortgage Refinance Company (NMRC) has financed a total of ₦N18.40 billion loans from ₦N17.02 billion
FMF, others list strategies to curb impact of coronavirus in real estate
Following the impact of the coronavirus pandemic on the real estate sector, stakeholders including five chief executives in the mortgage finance industry have move to cushion the effect on the average Nigerians seeking decent and affordable housing in the country.
REDAN seeks subsidy for real estate sector
The President of the Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Chime has said that poor land administration, especially the high cost and long period of securing titles
How new policies will trigger growth in real estate sector
Eggheads in the nation’s real estate sector have predicted a marginal growth in the sector occasioned by the crucial roles the Family Home Fund (FHF) and the Nigeria Mortgage Refinance Company
NMRC, Kaduna agree on N3b mortgage scheme
Determined to create an enabling environment for affordable housing and mortgage creation, Nigeria Mortgage Refinance Company Plc (NMRC) has sealed a tripartite agreement with the Kaduna State Government (KDSG) and FHA Mortgage Bank that will boost the state’s mortgage scheme.
How CBN’s mortgage interest rate cap removal will impact housing delivery
This might not be the best of times for prospective homeowners and developers, following the apex bank’s recent removal of interest cap rate on mortgage finance for primary mortgage banks in the country.
‘We will tackle housing deficit in Nigeria’
What we have done is that in 2016, we closed for new business, which led to my taking over and having the opportunity to provide leadership of the company.