Stakeholders unveil new funding initiative for mortgage banks

Stakeholders unveil new funding initiative for mortgage banks

Maureen Ihua-Maduenyi Stakeholders in the housing finance industry have inaugurated the Mortgage Warehouse Funding Limited, a special purpose company set up to provide short-term local currency and competitively priced funding to mortgage banks. The MWFL, a private-sector driven initiative to enhance mortgage banks’ origination capacity, was incorporated in December 2014 and initially sponsored by a […]
Source: Stakeholders unveil new funding initiative for mortgage banks

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