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Africa Mortgage Market News is an EIN News Service for real estate professionals. Constantly updated news and information about Africa Real Estate.
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Latest Africa Mortgage Market News

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  • With a capital of EGP 150 million: Sakan Finance to enter the Mortgage market in December 15 Nov 2009 15:50 GMT
    ... After becoming the first mortgage finance company to obtain ... shareholders in the new venture include the Housing and Development Bank with a stake of ... wake of the recent financial crisis, the real estate market has become more clearly defined, said ...

  • BoT Gets Sh53 Billion to Ease Housing Shortage 16 Nov 2009 14:15 GMT
    ... World Bank for the establishment of a Housing Finance Project (HFP) to help ease the ... for the purchase, construction or upgrading of residential houses. The objective will be achieved through ... issues in the supply of housing, the mortgage market and housing micro-finance. "TMRC will provide housing ...

  • FMBN re-positions, renews corporate identity 15 Nov 2009 20:13 GMT
    ... institution is set to bring viable secondary mortgage market: “We are set for housing delivery in the whole part of Nigeria. Secondly, ... pay_off line: Today’s FMB… everybody deserves a home, is primarily designed to soar the brand ...

  • FMBN Moves to Boost Morgage, Embarks on Debt Recover 16 Nov 2009 14:33 GMT
    ... some steps aimed at achieving a viable housing financing mechanism. Ahmed said that the nation's primary ... improve efficiency and effectiveness of financing workers/contributors' homeownership. Ahmed said that the move would involve ... means to providing liquidity to the primary mortgage market. ...

  • FHA runs low on cash, fueling bailout concerns 13 Nov 2009 07:16 GMT
    ... WASHINGTON - The Federal Housing Administration, which propped up the collapsing housing market ... agency, which guarantees loans for many first-time homebuyers, could be hit if housing prices lose ... as much as 30 percent of the mortgage market - including guaranteeing more than half of ...


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