By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)- Mustafa Chike Obi, the managing director asset management corporation of Nigeria (AMCON) Tuesday said Nigeria needs about 2 trillion naira to address its mortgage problem. Chike Obi said this in Lagos Nigeria as a guest lecturer at the Hallmark Public Policy Forum ‘’ Emerging […]
Mortgages
Nigeria Mortgage Refinance Company: What You Need To Know
NMRC was established to bridge the funding cost of residential mortgages and promote the availability as well as the affordability of good housing to Nigerians by providing increased liquidity in the mortgage market though the mortgage and commercial banks. The company is driven by substantial private sector participation consisting of […]
Morgan Stanley Reaches $1.25 Billion Mortgage Settlement
Morgan Stanley has agreed to pay $1.25 billion to the Federal Housing Finance Agency to resolve claims that it sold shoddy mortgage securities to Fannie Mae and Freddie Mac. In a securities filing late Tuesday, Morgan Stanley said that it had reached an agreement “in principle” with the agency, which […]
