Tanzania Mortgage Refinance Company (TMRC) is a Mortgage Liquidity Facility operating in Tanzania. As a specialised financial Institution that provides long-term funding to financial institutions for the purposes of mortgage lending, the TMRC is a private sector institution owned by Banks and Non-Bank Institutions. TMRC has the objective of supporting financial institutions to do mortgage lending by refinancing Primary Mortgage Lenders’ (PMLs’) mortgage portfolios. This type of lending is also known
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as wholesale or secondary market lending. The company neither take deposits nor lend directly to individuals. TMRC refinance mortgage loan portfolios rather than individuals mortgage loans and cater to banks and other PMLs rather than individual borrowers. To become the preferred secondary market intermediate for mortgage financing in Tanzania. To expand home ownership in Tanzania by providing long term financing to primary mortgage lenders. Tanzania Mortgage Refinance Company Limited (TMRC) is a financial institution owned by Banks and Non-Bank Institutions with the sole purpose of supporting banks to do mortgage lending by refinancing banks’ mortgage portfolios. The company has issued a total of TZS 67.86.
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NEW VACANCY AT TMRC, MAY 2024
The company is in need of suitable and qualified candidates to apply for a new position. READ FULL DETAILS THROUGH THE PDF DOCUMENT HERE:
