MORTGAGE BANKING AND HOUSING POLICY IN NIGERIA
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 67 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 3,465 times
Delivery: Within 24 hoursABSTRACT
The title of this research work is mortgage baking and housing policy in Nigeria. The objectives of this study are to find out how housing loans given by the mortgage banks affect the availability of loans by the masses. How effective is the impact of the loan (NHF) given by the PMI on provision of low-cost housing. Both primary and secondary source of data collection were used primary data were obtained through both conduct of oral interview and administration of well-structured sets of questionnaire to member of staff of the company of study. The federal mortgage bank has proved to be of tremendous benefits to the people at the grassroots in terms of customer relation, services rendered, customer friendly packages and other auxiliary services. It was recommended that the PMI needs to improve on their awareness mission so as to make more people (especially the common man) know more and benefit from the services they render. Lastly, as the economy in developing mortgage banking system should be reformed to meet and overcome the modern day challenges. The study is therefore an investigation on the structure and challenges confronting housing finance efforts of primary mortgage institutions. The research objectives includes the examination of housing delivery policies and finance in Nigeria. The study also examines the structure of mortgage banking in Nigeria. The problems and challenges confronting the operations of mortgage banks. The methodology employed by the research include the collection of primary and secondary data. Data obtained were analyzed through simple frequency distribution table. existing department in mortgage banks are corporate/administration, human resources operations, legal marketing, and mortgage services and products of the PMIs are National Housing Fund(NHF).major challenges confronting the operations of the PMIs are NHF policy, structure of PMIs, the national economic climate, high cost of building materials, and public apathy, difficulty of access to land and land documentation constraints, poor collaterals, high interest rates and competitive finance market. The study suggest that the NHF policy should be reviewed and that government should provide incentives such as tax rebates for building materials manufactures, encourage the re-training of labour to improve their skills and speed. The Nigerian land law should be reviewed to make access to land less cumbersome while cheap funding sources should be provided specifically for housing finance.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
THE IMPACT OF COST REDUCTION TECHNIQUES ON THE PROFITABILITY OF MANUFACTURING COMPANIES
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The proficiency of a company in cost management significantly influences its trajectory of exp...More »
Item Type: Project Material | 54 pages | 65 engagements |
- 2.
AN EXAMINATION OF THE RELATIONSHIP BETWEEN INVENTORY MANAGEMENT AND ORGANIZATIONAL PROFITABILITY IN ...
CHAPTER ONE INTRODUCTION Background of the study A critical constituent of current assets is inventory. It constitutes approximately 60% of its ove...More »
Item Type: Project Material | 54 pages | 49 engagements |
- 3.
THE IMPACT OF FINANCIAL LITERACY ON THE PERFORMANCE OF SMALL SCALE ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Small scale enterprises' (SSEs) contribution to the national economy should not be undervalued...More »
Item Type: Project Material | 54 pages | 1,475 engagements |
- 4.
THE EFFECT OF GOOD RECORD MANAGEMENT IN ORGANIZATIONAL PERFORMANCE IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study Since time immemorial, information has been considered an essential resource for all types of orga...More »
Item Type: Project Material | 54 pages | 692 engagements |
- 5.
A STUDY ON THE IMPLICATIONS OF ETHICS IN FINANCIAL REPORTING ON MONEY DEPOSIT BANKS IN LAGOS
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The idea that an entity's financial statements are subject to a set of rules dictated by estab...More »
Item Type: Project Material | 54 pages | 808 engagements |
- 6.
AN APPRAISAL OF GLOBAL HEALTH INITIATIVE IN RESPONSE TO PREVENTION TO PANDEMIC DISEASE IN NORTH WEST...
CHAPTER ONE INTRODUCTION Background of the study The Global Health Initiative (GHI) aims to enhance the effectiveness and influence of all U.S. for...More »
Item Type: Assignment | 54 pages | 1,084 engagements |