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TALK OF THE NATION | Foreclosure & Repossession of Homes

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Foreclosures and the repossession of homes have been a hot topic making rounds in local media.

Statistics show that commercial banks have repossessed unsold residential properties valued at N$251 million in the past five years until the end of June last year.

The situation surrounding foreclosures has sparked debate around the conduct of creditors, with some calling for the review of laws of what has been termed as "unjust" home repossessions.