NMRC: A paradigm shift in Nigeria’s secondary mortgage market

Filed under: Real Estate |

By the first quarter of 2014, the Nigerian Mortgage Refinance Company (NMRC) shall have opened for business to provide secondary mortgage market services for primary mortgage lenders for on-lending to teeming Nigerian housing loan applicants. NMRC, according to its promoters, has gone beyond the level of an idea having been registered; the Central Bank of…

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