As spelt out in our ENABLING ACT and other related legislations, FMBN functions include to:
- Provide long-term credit facilities to mortgage institutions in Nigeria.
- Encourage the emergence and promote the growth of viable primary and secondary mortgage institutions to service the need of housing delivery in all parts of Nigeria
- Mobilizing both domestic and offshore funds into the housing sector.
- Link the capital market with the housing industry.
- Establish and operate a viable secondary mortgage market.
- Collect and administer the National Housing Fund in accordance with the provisions of the NHF Act.
- Do anything and enter into any transaction which in the opinion of the Board is necessary to ensure the proper performance of its functions under the FMBN Act.
Federal Mortgage Bank of Nigeria
266 Cadastral AO, Central Business District
PMB 2273 Garki, Abuja. Nigeria
09-2920689, 09-2920690
[email protected]