Table 3 Summary of CATWOE analysis... | Emerald Publishing

Table 3

Summary of CATWOE analysis

CATWOE Customers	Sustainable LCH financing
Actors	i. Regulators: MDAS (Ministry of Works and Housing, Federal Mortgage Banks, State Mortgage Banks/Boards, for example, Lagos State Mortgage Board, etc.) ii. Facilitators: Economic institutions (Central Bank, Commercial banks, Mortgage banks, Primary mortgage banks, Finance banks, Cooperatives, etc.) iii. Organised private sectors (OPS): Real Estate Developers Association of Nigeria (REDAN), Federation of Construction Industry (FOCI), Nigerian Institute of Building (NIOB), Ass. of Professional Bodies of Nig. (ABPN) iv. Enabling institutions: Research institutions (Higher education institutions, Nigeria Building and Road Research Institute (NBRRI), etc.) v. Private sector operators/housing developers/individual developers
Transformation	i. The CBN should ensure enforcement and implementation of primary mortgage institutions in recapitalising and providing long-term funding to housing developers and end-users ii. Revamp the National Housing Trust Fund to be accessible to low-income earners iii. Encourage and support housing cooperatives and associations to access their members’ mortgages
Worldwide view	LCH financing should be all-inclusive, and the government must provide the “seed money” and supported by other stakeholders. Many intending owners should be more creditworthy to access housing loans with banks’ stringent conditions (Luca, 2017)
Ownership	Public and private LCH units
Environmental constraint	High default rates and poor responses to the repayment of housing loans because of insufficient household income (Odoyi and Riekkinen, 2022)

CATWOECustomers	Sustainable LCH financing
Actors	i. Regulators: MDAS (Ministry of Works and Housing, Federal Mortgage Banks, State Mortgage Banks/Boards, for example, Lagos State Mortgage Board, etc.) ii. Facilitators: Economic institutions (Central Bank, Commercial banks, Mortgage banks, Primary mortgage banks, Finance banks, Cooperatives, etc.) iii. Organised private sectors (OPS): Real Estate Developers Association of Nigeria (REDAN), Federation of Construction Industry (FOCI), Nigerian Institute of Building (NIOB), Ass. of Professional Bodies of Nig. (ABPN) iv. Enabling institutions: Research institutions (Higher education institutions, Nigeria Building and Road Research Institute (NBRRI), etc.) v. Private sector operators/housing developers/individual developers
Transformation	i. The CBN should ensure enforcement and implementation of primary mortgage institutions in recapitalising and providing long-term funding to housing developers and end-users ii. Revamp the National Housing Trust Fund to be accessible to low-income earners iii. Encourage and support housing cooperatives and associations to access their members’ mortgages
Worldwide view	LCH financing should be all-inclusive, and the government must provide the “seed money” and supported by other stakeholders. Many intending owners should be more creditworthy to access housing loans with banks’ stringent conditions (Luca, 2017)
Ownership	Public and private LCH units
Environmental constraint	High default rates and poor responses to the repayment of housing loans because of insufficient household income (Odoyi and Riekkinen, 2022)

Source(s): Compilation from authors’ work