strategy

Developing mortgage finance

Synonyms:
Providing mortgage loans
Implementation:
To foster this strategy at a national level the World Bank recommends the following. Do: Allow private sector to lend; lend at positive/market rates; enforce foreclosure laws regulation; ensure prudential regulation; introduce better loan instruments. Don't: allow interest-rate subsidies; discriminate against rental housing investment; neglect resource mobilization; allow high default rates.
Subjects:
Finance
Credit
Development
Type Classification:
D: Detailed strategies