Housing Finance and Mortgage-Backed Securities in Mexico

Housing Finance and Mortgage-Backed Securities in Mexico
By:"L. Zanforlin","Marco Espinosa-Vega"
Published on 2008-04-01 by International Monetary Fund

This paper reviews the Mexican experience with the securitization of residential mortgages. It highlights the key legislative and institutional reforms leading to the development of primary and secondary mortgage markets and reports the main features and valuation practices of the RMBS markets. The paper identifies areas warranting close attention to improve the outlook for the Mexican RMBS market and draws some lessons from the recent U.S. subprime mortgage market problems.

This Book was ranked 32 by Google Books for keyword mortgage.