Sunday, September 20, 2009

Possible Objectives for Mortgage Insurance in Emerging Economies

Increase access to housing finance
- Reduce down payment required
- Reach out the underserved borrower

Encourage lenders to lend

Increase level of home ownership

Standardize legal and lending practices

Deepen financial system – different types of lenders; broader access to
capital market

Impacts growth in : job creation; building materials; taxes;
personal wealth; financial & professional services

Develop new and resale housing markets

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