ABSTRACT
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.
Can't find what you are looking for?
Call (+234) 07030248044.
OTHER SIMILAR ACCOUNTING PROJECTS AND MATERIALS
AN APPRAISAL OF THE IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF ACCESS BANK)
CHAPTER TWO REVIEW OF RELATED LITERATURE Electronic banking in Nigeria has overtime been viewed by many especially economists as having a lot of implications on the economy of Nigeria and especially...Continue reading »
A CRITICAL ANALYSIS OF THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)
ABSTRACT The study was carried out to analyse how an organization performs making use of the financial statements with First Bank of Nigeria Plc serving as the case study. the study disclosed that th...Continue reading »
AN EVALUATION OF THE PERFORMANCE OF NIGERIAN STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIA ( A CASE STUDY OF NIGERIAN STOCK EXCHANGE)
HISTORICAL BACKGROUND OF THE NIGERIA STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIAN. The nigeria stock excahnge denoted by NSE is a government establishment where stocks are traded on a daill...Continue reading »
APPLICATION OF BUDGETS AND BUDGETARY CONTROL MEASURES IN A NON-PROFIT ORGANIZATION: A CASE STUDY OF APOSTOLIC CHURCH, DELTA
2.1 CONCEPTUAL FRAMEWORK A budget is can be defined by accountants as “a planned outcome to be generated and for the expenditure to ensure during that period and the capital to be employed to a...Continue reading »
ASSESSING BOOK-KEEPING PRACTICES OF SMALL AND MEDIUM SCALE ENTERPRISES IN CALABAR LOCAL GOVERNMENT AREA
ABSTRACT The economy of Nigeria cannot function properly or thrive without the micro, small and medium scale enterprises (SMEs). These small scale enterprises cannot function properly if they are not ...Continue reading »
ASSESSMENT OF ADEQUATE RISK RECOGNITION AND MANAGEMENT IN NIGERIAN INSURANCE COMPANIES (A CASE STUDY OF UNION ASSURANCE COMPANY, UYO)
THE CONCEPT OF RISK Risk has been the subject of study by different scholars over the years with several meaning and definitions. But the most accepted definitions are that of J.E Banister and P.A Baw...Continue reading »
What are looking for today?
Format: | Ms Word | ||
Chapters: | 1 - 5 | ||
Pages: | 65 | ||
Attributes: | Questionnaire, Data Analysis, Abstract | ||
Price: | ₦3000 | ||
Get the complete project » |
THE IMPACT OF HUMAN RESOURCE PLANNING ON ORGANIZATIONAL PERFORMANCE
83,735 people found this useful
IMPACT OF E-LEARNING ON THE ACADEMIC PERFORMANCE OF UNDERGRADUATE STUDENTS (A CASE STUDY OF NATIONAL...
64,570 people found this useful
IMPACT OF SOCIAL MEDIA ON CONSUMER BEHAVIOR
57,575 people found this useful
THE EFFECT OF SOCIAL MEDIA ON STUDENTS PERFORMANCE IN LEARNING LISTENING COMPREHENSION
55,642 people found this useful
TAX ADMINISTRATION IN NIGERIA: CHALLENGES AND PROSPECTS, A CASE STUDY OF LAGOS STATE BOARD OF INTERN...
53,626 people found this useful
THE EFFECT OF ADVERTISEMENT ON CONSUMER BRAND PREFERENCE
52,527 people found this useful