04861oam 22011174 450 991078823970332120230721045615.01-4623-5681-81-4527-2991-31-282-84060-697866128406091-4518-6966-5(CKB)3170000000055006(EBL)1607843(SSID)ssj0000944140(PQKBManifestationID)11559076(PQKBTitleCode)TC0000944140(PQKBWorkID)10982729(PQKB)10271495(OCoLC)815737979(MiAaPQ)EBC1607843(IMF)WPIEE2008105(EXLCZ)99317000000005500620020129d2008 uf 0engur|n|---|||||txtccrHousing Finance and Mortgage-Backed Securities in Mexico /Luisa Zanforlin, Marco Espinosa-VegaWashington, D.C. :International Monetary Fund,2008.1 online resource (27 p.)IMF Working PapersIMF working paper ;WP/08/105Description based upon print version of record.1-4519-1420-2 Includes bibliographical references.Contents; I. Introduction; II. A Brief Review of Housing Finance in Mexico; Boxes; 1. Brief Chronology of Important Events in the Housing Finance Sector; III. Reforming Institutions: The Foundations for Private Mortgage Markets; 2. Securitzation; IV. The Mexican Way: From FOVI to HiTo; 3. SHF's Guarantees Program; A. Securitization and Rise of the Mexican RMBS Market; Figures; 1. Latin American Local Issuance of Securitized Assets 2006; 2. Mexico: Domestic Market Private Debt Issues by Structure; 4. Main Characteristics of Mexican MBS Issues; V. Past lessons and Future Challenges3. Mexico: Historical Trends in Credit to Housing4. Mexico: Structure of Housing Finance, 2000-2005; ReferencesThis 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.IMF Working Papers; Working Paper ;No. 2008/105Mortgage-backed securitiesMexicoHousingMexicoFinanceInfrastructureimfInvestments: GeneralimfMoney and Monetary PolicyimfIndustries: Financial ServicesimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfGeneral Financial Markets: General (includes Measurement and Data)imfEconomic Development: Urban, Rural, Regional, and Transportation AnalysisimfHousingimfFinanceimfMonetary economicsimfInvestment & securitiesimfMacroeconomicsimfLoansimfCreditimfSecuritiesimfFinancial instrumentsimfSaving and investmentimfMexicoimfMortgage-backed securitiesHousingFinance.InfrastructureInvestments: GeneralMoney and Monetary PolicyIndustries: Financial ServicesBanksDepository InstitutionsMicro Finance InstitutionsMortgagesMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralGeneral Financial Markets: General (includes Measurement and Data)Economic Development: Urban, Rural, Regional, and Transportation AnalysisHousingFinanceMonetary economicsInvestment & securitiesMacroeconomicsLoansCreditSecuritiesFinancial instrumentsSaving and investment332.6323Zanforlin Luisa1463975Espinosa-Vega Marco1463976DcWaIMFBOOK9910788239703321Housing Finance and Mortgage-Backed Securities in Mexico3673506UNINA