LEADER 04881oam 22011294 450 001 9910807488903321 005 20240402050127.0 010 $a1-4623-5681-8 010 $a1-4527-2991-3 010 $a1-282-84060-6 010 $a9786612840609 010 $a1-4518-6966-5 035 $a(CKB)3170000000055006 035 $a(EBL)1607843 035 $a(SSID)ssj0000944140 035 $a(PQKBManifestationID)11559076 035 $a(PQKBTitleCode)TC0000944140 035 $a(PQKBWorkID)10982729 035 $a(PQKB)10271495 035 $a(OCoLC)815737979 035 $a(IMF)WPIEE2008105 035 $a(MiAaPQ)EBC1607843 035 $a(EXLCZ)993170000000055006 100 $a20020129d2008 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aHousing Finance and Mortgage-Backed Securities in Mexico /$fLuisa Zanforlin, Marco Espinosa-Vega 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 215 $a1 online resource (27 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/105 300 $aDescription based upon print version of record. 311 $a1-4519-1420-2 320 $aIncludes bibliographical references. 327 $aContents; 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 Challenges 327 $a3. Mexico: Historical Trends in Credit to Housing4. Mexico: Structure of Housing Finance, 2000-2005; References 330 3 $aThis paper reviews the Mexican experience with the securitization of residential mortgages. It highlights the key legislative and institutional reforms leading to the development of primary and secondary mortgage markets and reports the main features and valuation practices of the RMBS markets. The paper identifies areas warranting close attention to improve the outlook for the Mexican RMBS market and draws some lessons from the recent U.S. subprime mortgage market problems. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2008/105 606 $aMortgage-backed securities$zMexico 606 $aHousing$zMexico$xFinance 606 $aInfrastructure$2imf 606 $aInvestments: General$2imf 606 $aMoney and Monetary Policy$2imf 606 $aIndustries: Financial Services$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aEconomic Development: Urban, Rural, Regional, and Transportation Analysis$2imf 606 $aHousing$2imf 606 $aFinance$2imf 606 $aMonetary economics$2imf 606 $aInvestment & securities$2imf 606 $aMacroeconomics$2imf 606 $aLoans$2imf 606 $aCredit$2imf 606 $aSecurities$2imf 606 $aFinancial instruments$2imf 606 $aSaving and investment$2imf 607 $aMexico$2imf 615 0$aMortgage-backed securities 615 0$aHousing$xFinance. 615 7$aInfrastructure 615 7$aInvestments: General 615 7$aMoney and Monetary Policy 615 7$aIndustries: Financial Services 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aEconomic Development: Urban, Rural, Regional, and Transportation Analysis 615 7$aHousing 615 7$aFinance 615 7$aMonetary economics 615 7$aInvestment & securities 615 7$aMacroeconomics 615 7$aLoans 615 7$aCredit 615 7$aSecurities 615 7$aFinancial instruments 615 7$aSaving and investment 676 $a332.6323 700 $aZanforlin$b Luisa$01642311 701 $aEspinosa-Vega$b Marco$01642312 801 0$bDcWaIMF 906 $aBOOK 912 $a9910807488903321 996 $aHousing Finance and Mortgage-Backed Securities in Mexico$93986930 997 $aUNINA