Tackling illiquidity and high cost of funds in mortgage system

by | February 4, 2018 1:30 am



The mortgage system in Nigeria is a weeping baby troubled by two major factors, namely illiquidity which characterises the operating primary mortgage banks and other mortgage lending institutions, and the high cost of funds which is a cankerworm eating deep into the entire financial system. Several interventions in the mortgage market by the government with…

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