The registrar/chief executive officer, Institute of Mortgage Brokers and Lenders of Nigeria, (IMBLN), Dr. Jasper Adeleye made the remarks in a statement he issued on Tuesday in Abuja.
Dr Adeleye said the 2020 Act establishing the institute empowers it as the only body responsible to regulate the sector with the intention to eliminate unlicensed practitioners.
Incorporated under the CAP 59 of 2004, and signed by the immediate past President, Muhammadu Buhari, the Act as established brings under the institute mortgage professionals, mortgage brokers, real estate brokers, mortgage agents and real estate agents under the direct regulatory oversight of the Institute of Mortgage Brokers and Lenders of Nigeria.
