Economic and Financial Review


Central Bank of Nigeria


Housing Finance, Mortgage Finance, Housing, Nigeria


This paper aims to discuss the. evolution of mortgage banking in Nigeria, development and practice of mortgage financing and valuation techniques using Primary Mortgage Institutions (PMI) as a thrust. It is also to elicit contributions from others and subject the final product to further research for development of the scheme in Nigeria.

Author Bio

Mr. Femi Ekundayo is the Chairman and Chief Executive Officer, Resort Savings and Loans.

Publication Title

CBN Economic and Financial Review (EFR)





Recommended Citation

Ekundayo, F. (2005). Understanding the technical operation of mortgage market: financing options and valuation techniques. Economic and Financial Review. 43(4), 83-86.



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