Tuesday, April 30, 2024
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,...
First City Monument Bank has concluded plans to partner with the Ogun State Government to provide loans for interested subscribers in the state’s housing schemes. The Group Chief Executive of the bank, Mr  Ladi Balogun, disclosed this when he led the...
The Federal Housing Finance Agency said today it will increase fees for certain Fannie Mae and Freddie Mac high-balance loans and second home loans starting on April 1. Fees for high-balance loans will increase between 0.25% and 0.75%, and second home...
Generation Squeeze argues that the surtax could raise between $4.54 billion and $5.83 billion to go toward other housing projects Author : Stephanie Hughes A think-tank funded in part by the Canada Mortgage Housing Corporation (CMHC) and National Housing Strategy is proposing that...
By the Editors of Multi-Housing News Multifamily financing activity recovered nicely in 2021. You can also read our other Top Mortgage Banks rankings. Rank Company Name Multifamily Origination Volume* ($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 &...
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...
  The Nigeria Mortgage Refinance Company (NMRC) has collaborated with the Industrial Training Fund (ITF) to empower thirty unemployed youths with technical skills in housing construction and entrepreneurship as part of its 2021 Corporate Social responsibility program. This year’s exercise marks...
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