Real Estate

Tackling illiquidity and high cost of funds in mortgage system

by Chuka Uroko

February 4, 2018 | 1:30 am
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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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by Chuka Uroko

February 4, 2018 | 1:30 am
  |     |     |   Start Conversation

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