Tag: mortgage refinance company

CBN Unveils N5.0 billion Minimum Capital for Mortgage Refinance Company

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Thursday unveiled a minimum capital requirement of N5.0 billion for the Mortgage Refinance Company (MRC). The CBN iin its regulatory and supervisory framework for the operations of an MRC said the procedures and criteria to be used in granting […]

Mortgage Refinance Company Now for Launch in Q1

The proposed Mortgage Refinance Company (MRC) being promoted by the Federal Government to address the acute housing problem in the country, is billed for launch in the first quarter of 2014. Initially planned to kick off in November 2013, the federal government is said to have decided to shift the […]

Mortgage Refinance Company Now for Launch in Q1

The proposed Mortgage Refinance Company (MRC) being promoted by the Federal Government to address the acute housing problem in the country, is billed for launch in the first quarter of 2014. Initially planned to kick off in November 2013, the federal government is said to have decided to shift the […]