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Published On: Tue, Sep 3rd, 2013

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

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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