Mexico : Financial Sector Assessment Program Update-Technical Note-Housing Finance

Release Date: © May, 2007
ISBN
: 978-1-45182-570-1
Stock #: 1MEXEA2007001
English
Stock Status: On back-order
Languages and formats available
English | French | Spanish | Arabic | Russian | Chinese | Portuguese | |
Paperback | Yes | ||||||
Yes | |||||||
ePub | Yes | ||||||
Mobipocket | Yes |
Description
This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Sociedad Hipotecaria Federal has successfully led a range of direct policy measures that have stimulated the development of the housing finance market. The government improved the legal environment for mortgage finance by passing reforms that reduced the average time to foreclosure from five years to two, by facilitating the reform of several state property registries and by facilitating mortgage securitization.
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Taxonomy
Banks and banking , Financial institutions and markets , Loans
More publications in this series: IMF Staff Country Reports