Category Archives: Housing Finance Feed Subscription

• NMRC begins operations set January 2015 for first refinancing

  3Invest Media July 14, 2014

  

  In the just concluded stakeholders’ forum on Uniform Underwriting Standards Workshop, held in Lagos, NMRC is preparing to resume full operations in the next few weeks. The seminar was organised in conjunction with International Finance Corporation (IFC) implemented a Uniform Underwriting Standards Workshop with the Primary Lending Institutions (PLIs) and other stakeholders with a view to provide support for the... Read more »

• The Pension Fund Administrators have invested N228.3bn in real estate #Nigeria

  3Invest Media July 13, 2014

  

  According to statistics obtained from the National Pension Commission last week, this amount is about 5.2 per cent of the N4.3tn total pension asset as of May, 2014. The report also showed that N190.8bn and N78.8bn had been invested in state government securities and corporate debt securities, representing 4.1 per cent and 1.8 per cent of the pension asset, respectively.... Read more »

• What does it take to access mortgage facility?

  3Invest Media July 9, 2014

  

  Home ownership is the cornerstone of a strong community.  As a basic need of man, the importance of housing cannot be overemphasized. Recognizing this, recent debates within built sector in Nigeria reiterate unanimous opinions that a well-define mortgage system is required to offset the housing deficit quoted at about 17 million. Major efforts have already been made to create a... Read more »

• CBN approves 36 recapitalised mortgage banks, 10 National, 26 State and others delisted

  3Invest Media July 7, 2014

  

  FOLLOWING the recapitalization exercise of the Primary Mortgage Institutions (PMIs) in the country, 36 mortgage firms have scaled the hurdle and now gotten the Central Bank of Nigeria’s license to administer mortgage portfolio in Nigeria. While 10 mortgage firms have been approved to remain in business with a national license, the remaining 26 banks are approved to operate with a... Read more »

• Immigration and Naturalization Opportunity Through Real Estate Investment With EB5 In Texas, United States

  3Invest Media June 22, 2014

  

  3INVEST woos investors to an opportunity to invest and naturalize as they partner with Houston EB5 to raise capital in the region. Houston EB5, a Real Estate investment company, is offering potential investors, the opportunity of investing in Real Estate development in one of USA’s most desirable Real Estate market, Houston Texas. In addition to the prospect of a handsome return... Read more »

• IHFP celebrates 25 years, Annual program begins at Wharton School, Philadelphia

  3Invest Media June 2, 2014

  

  IHFP celebrates 25 years, Annual program begins at Wharton School, Philadelphia The International Housing Finance Program (IHFP) was established in 1985 to foster excellence in housing policy and housing finance education, research, and technical advisory services, with a specific focus on developing and emerging market economies. To the international housing finance industry and policy makers IHFP offers objective and state-of-the-art education in... Read more »

• Imperial Homes – New name, Same Structure, Same Values

  3Invest Media May 27, 2014

  

  Upholding the same cores values that GTHomes inherited from GTBank, the Imperial Homes Mortgage Bank Ltd formerly GTHomes Ltd, has continued to provide its esteemed customers with the best international bench-marked services in mortgage banking. Dealt with the mandate of the Central Bank of Nigeria that all banks must divest from their non-core assets in order to concentrate on its... Read more »

• Nigeria emerges as Africa’s largest economy

  3Invest Media April 6, 2014

  

  Africa today became a 0.5 Trillion Economy with Nigeria officially overtaking South Africa as largest African Economy after rebasing its Gross Domestic Product (GDP) Nigeria emerged as the largest African Economy with estimated 2013 GDP of N80.5 Trillion ($509.9bn: £307.6bn) over taking South Africa and making it No1 in Africa, 26 globally ahead of Austria and 121st  in per capita... Read more »

• GTHomes rebrands to Imperial Homes

  3Invest Media March 10, 2014

  

  GTHomes Limited has adopted a new corporate identity, Imperial Homes Mortgage Bank. The company said the change was in line with its desire to continue to provide its customers with best internationally bench-marked services in mortgage banking. The Managing Director of Imperial Homes Mortgage Bank Limited, Ben Akaneme, said while unveiling the new corporate identity for GTHomes Limited in Lagos... Read more »

• 30 Home Owners Emerge at first Lagos HOMS first draw

  3Invest Media March 5, 2014

  

  Good times are here for Lagosians as the first draw of the Lagos Home Ownership Mortgage Scheme, HOMS, produced 30 new home owners. The draw which held at the Blue Roof, Lagos Television ground, Ikeja, Lagos, Southwest Nigeria was conducted for successful applicants who vied for 200 homes located in Abijo, Agege, Igbogbo, Odoragunshin, Ojokoro and Shitta, all in Lagos... Read more »