Select Currency
Translate this page

MORTGAGE BANKING AND HOUSING POLICY IN NIGERIA

Format: MS WORD  |  Chapter: 1-5  |  Pages: 54  |  1306 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

CHAPTER ONE

INTRODUCTION

1.1    Background of the Study

The Federal mortgage finance limited incorporated July 1993 under. It is fully owned by the Federal Government of Nigeria established to provide credible and responsive housing finance service that will facilitate housing delivery to all segments of the Nigeria Society. The establishment of the company informed by Federal Government recognition of the imperatives to direct the old Federal Mortgage Bank of Nigeria of its retail banking and mortgage operations so that Federal Mortgage Bank of Nigeria could concentrative on its rightful role as the nations apex mortgage lending.          
Today federal mortgage finance limited has opened branches in all the state headquarters including Abuja Federal Capital territory, with many saving centers in urban commercial locations with a solid financial and assets base, on unrivalled nations wide branch network or 54 operational outlets and 654 experienced, dynamic and highly competent work force, the company is passed to offer efficient, effective and reliable service that are unequalled in the housing finance sub-sector of the economy.  
1.2   Statement of the problem                 
This research work will treat the topic mortgage banking and housing policy in Nigeria. Furthermore, the problem confronting the mortgage institution in granting loan to people which will assist them either to buy, build or improve their house. A great change has been brought to the operation of mortgage financial institution in Nigeria Housing as we all know is one of the basic needs of mankind and it is the most important for the physical survival of man after the provision of food. Decent housing is one of the basic needs of every individual, the family and the community in general.  As a pre-requisite to the survival of man, it ranks second only to food. It is also one of the best indicators of a person standard of living and his place in the society; the housing an individual lives in is a symbol of his status on measure of achievement and social acceptance an expression of his personality.          
In Nigeria, there is a shortage of adequate housing facilities. Lagos for instance has an average of 3.8 persons per room, and extreme density ranging between 5 to over 7 persons per room. More houses are needed to relieve the existing overcrowding in many Nigeria urban centre’s.  
1.3   Research Questions and Hypothesis
An hypothesis is a provisional statement given to guide an investigation. t is a set of testable statement yet to be empirically verified. This research work has data collected through organizational interviews, extraction from financial journals, textbooks and questionnaire.  
1.4    Purpose of the Study          
The primary objective of this research work is to know everything concerning federal mortgage banking and housing policy in Nigeria.
i.        Assess the level of change that has been brought to the operations of mortgage financial institution.
ii.       The highlight the impact that provision of loans by mortgage institution has no the number of houses built by individuals and corporate organization.
iii.      To investigate how the mortgage institutions has helped in providing loan to ameliorate the suffering of the masses through national housing find.
iv.      It is also the aim of the research to state the roles of mortgage institution and ensure the implementation of the national housing policy, not only that the research work will suggest possible solutions to various problem encountered by the mortgage institutions.  
1.5    Scope of Study          
The scope of this study is indicated by the title at this project which is “mortgage banking and housing policy in Nigeria” (A case study at Federal Mortgage Bank in Nigeria).  
1.6   Limitation of the Study          
The scope of this research work is limited to the operation of the Federal Mortgage Bank in Nigeria. The limitation encountered during the preparation of this project is timing limitations, during the writing of this research work due to academic workload. Financial limitation which is another problem, materials that are needed for this project are not easily come by due to high cost of materials.  
1.7    Significance of the study               
This research work will be of utmost importance to some group namely banker, Government, Individual, Real Estate organization and the general public. It is also the aim of the research to state the implementation and the roles of the National Housing Policy.  
1.8    Definitions of Term
Ø  Mortgagor: The creditor to whom a mortgage is made. The mortgagor retains possession and uses the property during the term of mortgage. The mortgagor obtains an interest on the property.
Ø  Mortgage Banker: Is a banker who specializes in mortgage financing and operator of a mortgage financing company.
Ø  Mortgage Financing: These are companies that are mortgage themselves as being mortgage agents for their large mortgage.
Ø  Collateral: Property pledged as security of payment of debt.
Ø  Mortgage Premium:   An additional bank fee charged for a mortgage when the legal interest rate is less than the prevailing mortgage market rate.
Ø  Mortgage Broker: An individual or corporation that rarely originates loans but brings together a lender and a borrower for a fee.
Ø  Conventional Loan: Is a mortgage loan usually granted by a bank or a loan association.
Ø  Mortgage Debits: Is indebtedness created by a mortgage and scared by the property mortgaged.    
1.9    Organization of the Study          
The topic of the research work is ‘MORTGAGE BANKING AND HOUSING POLICY IN NIGERIA ’. Moreover, this research work is divided into five chapters. The chapter one deals with the introduction of the study, statement of the study, objectives, limitations and research method, source of data and organization of the study.  The chapter two emphasizes the literature review of the study, under this, there is definition of past, present and future of mortgage banking and housing policy in Nigeria. The chapter three deals with the research methodology, the source of data, research questions and hypothesis.  The test of validity and reliability of the instrument used. The chapter four deals with presentation and analysis of the data. Finally, the chapter five is concerned with the summary of findings, conclusions, and recommendations.

  DOWNLOAD THE FULL PROJECT

MORTGAGE BANKING AND HOUSING POLICY IN NIGERIA

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON MORTGAGE BANKING AND HOUSING POLICY IN NIGERIA INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Abdul Mateen Iddrisu
UDS
At first I taught is a site full of fraudsters until I saw my project in my Gmail after my payment.. THANK YOU IPROJECTMASTER and May God the almighty bless u guys abundantly
Excellent
Adam Alhassan Yakubu
UDS
Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best
Excellent
Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Peace From Unilag
I cried not knowing how to go about my project but the day i searched online and saw iprojectmaster, i called and got my full project in less than 15minutes, i was shocked!
Excellent
Merry From BSU
I am now a graduate because of iprojectmaster.com, God Bless you guys for me.
Excellent
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent
Gbadamosi Solomon Oluwabunmi
Lasu
Swift delivery within 9 minutes of payment. Thank you project master
Excellent
Abraham Ogbanje
NATIONAL OPEN UNIVERSITY OF NIGERIA
At first I was afraid.. But I discovered they are legit. I will bring more patronize
Very Good
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on MORTGAGE BANKING AND HOUSING POLICY IN NIGERIA?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on MORTGAGE BANKING AND HOUSING POLICY IN NIGERIA?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for MORTGAGE BANKING AND HOUSING POLICY IN NIGERIA, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!