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

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