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FMBN disburses N193.4 billion for 18,935 mortgages since inception — Dangiwa – Vanguard News

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The management of Federal Mortgage Bank of Nigeria, FMBN, has disclosed that the apex mortgage. brought mortgage loan disbursements by the bank since inception to N193.4 billion for 18,935.

A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment,

Managing Director of Federal Mortgage Bank of Nigeria (FMBN), Ahmed Dangiwa, on Wednesday, revealed that a sum of N193.4 billion mortgage loans had been disbursed to 18,935 Nigerian workers.

Home/Entertainment/ FMBN disburses N193.4 billion for 18,935 mortgages since inception – Dangiwa Entertainment FMBN disburses N193.4 billion for 18,935 mortgages since inception – Dangiwa

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Dangiwa, while showcasing achievements since the coming on board of his management team, mentioned the modest successes to include,"The disbursement of N41 billion for creation of mortgages, bringing the total mortgage loan disbursements by the bank since inception to N193.4 billion for 18,935 mortgages.

Loans for home purchasing continue to dominate mortgage originations and Ellie Mae says they may now represent the largest share of loans since the recession. The company’s May Origination Insight.

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As mortgage loans to homeowners under the National Housing fund scheme rise, experts are of the opinion that a lot more needs to be done, MAUREEN IHUA-MADUENYI writes Loan disbursement to.

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