Differences Between Legal Mortgage and Equitable Mortgage: Mortgage is a complex contractual arrangement.
It is seen as a complex arrangement by its very nature and characteristics. Mortgage can be defined as an arrangement which involves the conveyance of the...
The Federal Mortgage Bank of Nigeria (FMBN) is set to boost financial inclusion with the introduction of a non-interest rent-to-own mortgage loan product. FMBN in a statement said the innovative housing product, recently approved by the Board of Directors, is...
By the Editors of Multi-Housing News Multifamily financing activity recovered nicely in 2021. You can also read our other Top Mortgage Banks rankings. Rank
Company Name
Multifamily Origination Volume* ($MM)
Total Origination Volume* ($MM)
Licensed GSE Affiliate 1
CBRE
$58,965.8
$67,900.0
x 2
Walker & Dunlop
$35,676.7
$42,472.3
x 3
Berkadia
$30,881.3
$34,350.7
x 4
PGIM Real Estate
$12,423.8
$23,891.8
x 5
Arbor Realty Trust
$13,426.0
$13,700.0
x 6
Greystone
$12,450.0
$16,600.0
x 7
KeyBank Real Estate Capital $19,964.1
x 8
Bellwether Enterprise
$6,520.2
$10,567.6
x 9
Cushman &...
The Bank of Industry (BOI) has reopened its application portal for interested businesses to apply for N22Billion FG BOI Loan fund. The Bank of Industry Limited (BOI) is Nigeria’s oldest, largest and most successful development financing institution. It was reconstructed...
A new management chapter has commenced at the Federal Mortgage Bank of Nigeria (FMBN), Nigeria’s oldest and apex mortgage institution. On April 15, 2022, President Muhammadu Buhari approved the reconstitution of the FMBN Board of Directors with Hamman Madu,...
A leading real estate expert, Mr Timothy Gbadeyan, says high interest rate and low wages are among the major factors making it difficult for most Nigerians to access a mortgage to own a house. According to him, administrative bottlenecks, corruption,...
This story is part of a series that asks housing experts to give their forecast for the next five years, how investors are impacting the market, and what state or federal intervention, if any, is needed. The housing market appears...
By Terhemen Ikyaave The National Housing Fund Scheme presents a convenient and cost-effective opportunity for Nigerians, especially those within the low- and medium-income segment, to become homeowners. The scheme was set up by the federal government in 1992. All Nigerians above...
FMDQ Securities Exchange Limited approved the listing of the Nigerian Mortgage Refinance Company PLC (NMRC), Series 3 N10billion fixed-rate bond under its N440 billion bond issuance programme on its platform. The Managing Director of NMRC, Kehinde Ogundimu, said: “The proceeds...
Gift letters are something you should be aware of if you’re going to give or receive a significant financial gift since lenders will check your financial accounts when you apply for a loan as part of the underwriting process...
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