| dc.description.abstract | The rapid development of a variety of mortgage-backed securities has led to a radical transformation in mortgage sector in Kenya in recent years. The changing home mortgage market and unique financing requirements brought about by widespread homeownership have caused a continuing evolution in mortgage lending practice. This study sought to establish the effects of mortgage financing on performance of the firms. The objective of the study was to establish the relationship between factor influencing mortgage financing and performance of mortgage institutions in Kenya. This research study was a causal design. Which enabled the researcher to establish the relationship between factors influencing mortgage financing and performance of mortgage institutions in Kenya. The target population for the study was all mortgaging firms in Kenya that offer mortgage financing services.
The researcher used primary data. Primary data was obtained through self-administered questionnaires with closed and open-ended questions. The collected data was thoroughly examined and checked for completeness and comprehensibility. The data was then be summarized, coded and tabulated. Descriptive statistics such as means, standard deviation and frequency distribution was used to analyze the data .Data presentation was done through tables. The inferential statistic regression was done to establish a causal effect relating independence variables (firm performance of the mortgaging fmancing to the dependent variable which are the factors influencing mortgaging financing.
The study concludes that mortgage firms in Kenya emphases on mortgage financing to improve firm performance. The study concludes that mortgage financing is influenced by market and financial factors which includes increase investment and Improve Profitability of the firm, improvement of risk management, attraction' of more customers ,promotion of innovations, Market Penetration, diversification of investment and encountering competitions in the market lowering of interest on Treasury bond, Kenya financial laws require bank to have less cash in reserve and High interest from Mortgage, creating of wealth and Improving savings. | en_US |
