Housing Finance in Chile : the Experience in Primary and Secondary Mortgage Financing
By Claudio Pardo (03/00, IFM-123, En, Es) See also Infrastructure and Financial Markets
Documents Housing finance in Chile : the experience in primary and secondary mortgage financing (PDF, 160 Kb, En)
This paper presents the experiences of the housing finance market in Chile. It was first presented at a regional conference on the development of mortgage securitization held at the Inter-American Development Bank. The paper focuses on the evolution of housing finance in Chile, including the role of the government and the development of the secondary market for mortgages with a link to the growth of institutional investors. The paper also presents some of the key lessons garnered from the Chilean experience with respect to the role of housing market infrastructure and risk management.
Contents | |
| 1. Housing Finance in Chile | |
| 2. Characteristic of the Housing Finance Market | |
| - The Role of the State | |
| 3. Evolution of Housing Finance in Chile | |
| - The Mortgage Bond | |
| - The Endorsable Mortgage Credit | |
| 4. The Volume of Housing Finance and Principal Players | |
| - The Role of Institutional Investors | |
| 5. The Price of Housing Finance | |
| 6. Concluding Observations and Lessons Learned | |
| 7. Annex Boxes | |
Author | |
| Claudio Pardo is President of International Links Corporation, a financial consulting firm. | |
To order a hard copy | |
| Order your copy by sending an e-mail to: sds/ifm@iadb.org Please specify publication code, title, quantity, language and complete shipping address. Publication code: IFM-123 | |
Last updated: 05/08/07
