NMRC Working To Make Insurance Mandatory For Mortage Loans - Properties - Nairaland
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| NMRC Working To Make Insurance Mandatory For Mortage Loans by estatetimesng: 10:45am On May 13, 2015 |
The Nigerian Mortgage Refinancing Company, NMRC and the Nigerian Insurers Association are working to ensure title insurance is a compulsory condition for mortgage loans. The Director-General, NIA, Mr. Sunday Thomas, disclosed this, saying that the NMRC was working with the indigenous underwriters to introduce insurance as a condition for getting mortgage loans the way it was being done in developed economies. “We had a meeting with the management of the Mortgage Refinancing Company recently and we... http://www.estatetimesnigeria.com/nmrc-working-to-make-insurance-mandatory-for-loans/ |
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