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Tag Archives: mortgage

Operatives urge regulatory measures to stimulate mortgage sub-sector

mortgage sub-sector

  Regulatory measures to stimulate mortgage sub-sector . Mortgage operators have appealed for regulatory-induced fiscal and monetary measures that would stimulate the sub-sector towards sustainable development. They also implored the Central Bank of Nigeria (CBN) to fast-track implementation of the Mortgage Interest Draw-Back Programme (MIDP), together with other policy measures that would moderate the cost of funds to single digit, ...

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Mortgage / housing sector requires palliatives to boost activity’, Akintayo Oloko

mortgage sub-sector

  Following the global economic challenges experienced as a result of the COVID-19 pandemic, mortgage and finance expert, Akintayo Oloko, has said that the mortgage / housing sector will require palliatives and support in form of intervention funds, reduced transaction costs, to boost mortgage activity. With the pandemic’s effect on nations, businesses and personal income, the Central Bank of Nigeria ...

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What To Do If You Were Counting On The Mortgage Premium Cut

About that FHA mortgage interest premium (MIP) reduction we wrote about earlier this month…well, never mind. The cut that would have “lowered premiums to 0.60 percent, saving FHA-insured borrowers with a closing date on or after Jan. 27, 2017 an average $500 this year,” said RIS Media, is dead. The official word from the Trump administration is “suspended indefinitely,” but ...

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