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

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...

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Bibliografske podrobnosti
Korporativna značnica: International Monetary Fund
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2007.
Serija:IMF Staff Country Reports; Country Report ; No. 2007/162
Online dostop:Full text available on IMF
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520 3 |a 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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