Monday, September 14, 2009
Developing Countries Have Unique Housing Finance Needs
Mortgage design
Loan programs: Finished housing vs. incremental/rehab
housing (Mortgages vs. Micro-lending)
Managing credit risk
- Underwriting for informal sector applicants
- Comprehensive loan servicing
- Loss mitigation program
Funding
- Securitization not appropriate but deposits not adequate
- Loan sales
- Second floor banks
Loan programs: Finished housing vs. incremental/rehab
housing (Mortgages vs. Micro-lending)
Managing credit risk
- Underwriting for informal sector applicants
- Comprehensive loan servicing
- Loss mitigation program
Funding
- Securitization not appropriate but deposits not adequate
- Loan sales
- Second floor banks
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