N40m Diaspora Mortgage: FMBN disclaims partnering HXAfrica

N40m Diaspora Mortgage: FMBN disclaims partnering HXAfrica …C0NTINUE READING HERE >>>

The Federal Mortgage Bank of Nigeria (FMBN) has denied reports circulated by Housing Exchange Africa (HXAfrica) on a purported N40 million mortgage pre-financing scheme, which referred to FMBN as a partner.

Mrs Virginia Jang, Group Head, Corporate Communications, FMBN, said this in an official disclaimer by the mortgage bank on Saturday.

Jang explained that, although HXAfrica applied for some engagement with the bank, it has not been granted any approvals, nor has the bank…

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