Primary Mortgage Institutions (PMI’s) in the country have initiated moves for the standardisation of mortgage documentation in order to achieve global and uniform underwriting standards. Furthermore, plans are underway to create a Mortgage Liquidity Facility (MLF)/Special Purpose Vehicle (SPV) which would provide access to long term funds (refinancing/re-discounting) from the Capital Markets, that would enable PMIs extend mortgage financing, thereby increasing affordability and availability of Mortgages and ultimately enhancing home ownership for as many Nigerians as possible, through Mortgage Arrangements.