+234 813 0686 500
+234 809 3423 853
info@grossarchive.com

Mortgage Financing in Nigeria: Prospects and Challenges

  • Type:Project
  • Pages:151
  • Format:Microsoft Word
(Law Project Topics & Materials)

ABSTRACT


Mortgage financing are structured financial arrangements provided byapproved financial institutions that accept real estate as security for theloan. Basically, mortgage financing is used to acquire or purchase ordevelop a property. However, it is also used to access the equity on anexisting property. This research work examined various mortgagefinancing policies in Nigeria, highlight their performance with a view toidentify the challenges inhibiting the optimal performance of themortgage financing structure in Nigeria and suggest the way forward. Themethodology adopted was a trend analysis of the various components ofthe policy measures of the sector. The research however, found that lowawareness about existing mortgage financial arrangements, low financingcapacity of the mortgage institutions and inefficient legal frameworkamong others, remained the major impediments to the growth of thesector. It recommended that identification of new sources of financing ofmortgage institutions, streamlining of legal documentation frameworkand an active participation of the private sector would position the sectorto perform optimally and contribute to the overall economy


TABLE OF CONTENTS

Title Page 

Dedication

Declaration 

Certification

Acknowledgement 

Table of Contents 

Table of Cases

Table of Statutes

List of Abbreviations 

Abstract


CHAPTER ONE: GENERAL INTRODUCTION

1.1 Background to the Study

1.2 Statement of the Problem 

1.3 Objectives of the Study

1.4 Significance of the Study

1.5 Research Questions

1.6 Research Methodology

1.7 Scope of the Study

1.8 Literature Review


CHAPTER TWO: CONCEPT AND EVOLUTION OF MORTGAGE FINANCING IN NIGERIA

2.1 Definition of Mortgage

2.2 Historical Overview of Mortgage Financing in Nigeria 

2.3 Types of Mortgage Financing 

2.4 Sources of Mortgage Financing


CHAPTER THREE: LEGAL FRAMEWORK FOR MORTGAGE FINANCING IN NIGERIA

3.1 Legal Regime for Mortgage Financing in Nigeria 

3.2 Institutional Framework for Mortgage Financing 

3.3 Economic Implications of Mortgage Financing 

3.4 Structure of the Nigeria Mortgage Market 


CHAPTER FOUR: PROSPECTS AND CHALLENGES

4.1 Prospects of Mortgage Financing in Nigeria 

4.1.1 An Overview of Housing Delivery Policies in Nigeria

4.1.2 Government Functions on Housing Delivery 

4.1.3 Assessment of Housing Delivery in Nigeria Today 

4.2 Challenges of Mortgage Financing in Nigeria 

4.2.1 Low Interest Rate on National Housing Fund 

4.2.2 Low Level of Partnership in National Housing Fund 

4.2.3 Macroeconomic Environment 

4.2.4 Non-Vibrancy of Some Primary Mortgage Institutions 

4.2.5 Cumbersome Legal Regulatory Frameworkfor Land Acquisition 

4.2.6 The Structure of Bank Deposit Liabilities 

4.2.7 Risk Sharing 

4.2.8 Knowledge Gap

4.2.9 Taxes 


CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1 Summary 

5.2 Conclusion 

5.3 Recommendations 

Bibliography

Mortgage Financing in Nigeria: Prospects and Challenges

Share This

Details

Type Project
Department Law
Project ID LAW0222
Price ₦3,000 ($9)
No of Pages 151 Pages
Format Microsoft Word

500
Leave a comment...

    Details

    Type Project
    Department Law
    Project ID LAW0222
    Price ₦3,000 ($9)
    No of Pages 151 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT Mortgage financing are structured financial arrangements provided byapproved financial institutions that accept real estate as security for theloan. Basically, mortgage financing is used to acquire or purchase ordevelop a property. However, it is also used to access the equity on anexisting property. This research work examined various... Continue Reading
    • Type:Project
    • ID:LAW0222
    • Department:Law
    • Pages:151
    ABSTRACT Home ownership has been a problem to many people in Nigeria. This is the more reason why efforts are being made from all quarters to alleviate this problem. The two most prominent of these efforts are the Home Financing Schemes, otherwise known as Mortgage Financing, which are made by the public corporations and private institution. The... Continue Reading
    CONVENTIONAL AND ISLAMIC MORTGAGE  FINANCING: A LEGAL COMPARISON GENERAL INTRODUCTION INTRODUCTION Mortgage financing otherwise known as Home Financing is a product through which people are made or become home owners. It is a practice that is widely or relatively embraced by financial institutions as well as the private individuals (group of... Continue Reading
    ABSTRACT This research project is a very crucial study of Mortgage Bank of Nigeria. The study was motivated by the necessity to identify the economic depression and mortgage management in Nigeria. This form of banking system has been in existence since the banking industries is concern based on given loan and advances. To sources research problem... Continue Reading
    MORTGAGE ARRANGEMENT IN DEPRESSED ECONOMY (A CASE STUDY OF FEDERAL MORTGAGE BANK OF NIGERIA) ABSTRACT This research project is a very crucial study of Mortgage Bank of Nigeria.The study was motivated by the necessity to identify the economic depression and mortgage management in Nigeria. This form of banking system has been in existence since the... Continue Reading
    ABSTRACT This project is aimed at designing and implementing a computer based information system for mortgage financing for Harvard trust Finance Enugu. Specifically the study covered the activities of mortgage institution in mobilizing savings and giving the... Continue Reading
    ABSTRACT This project is aimed at designing and implementing a computer based information system for mortgage financing for Harvard trust Finance Enugu. Specifically the study covered the activities of mortgage institution in mobilizing savings and giving the larger part of it to customers who wish to own thee own houses of Harvard Trust Finance... Continue Reading
    Abstract A popular slogan used in various association all over the country say “Unity and Progress” another says “Peace and Unity”. One thing stands out for these two slogans, and that is the fact that the actualization of one thing depends on the other. There... Continue Reading
    ABSTRACT The topic of this research is problems and prospects of auditing in government organization, the population of the study was 82 while the research used yaro Yamani formula in the determination of the sample size which was 68.The researcher used both the primary and the secondary sources in obtaining the relevant data used in the course of... Continue Reading
    ABSTRACT The role of money is germane to the survival of political parties and the conduct of their campaigns during electioneering periods. In fact, electoral processes in liberal democracies cannot end successfully bereft of requisite finances. However, this does not... Continue Reading