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Housing Finance and Mortgage-Backed Securities in Mexico

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Author Info
Marco Espinosa-Vega
L. Zanforlin

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Abstract

This 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.

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File URL: http://www.imf.org/external/pubs/ft/wp/2008/wp08105.pdf
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Publisher Info
Paper provided by International Monetary Fund in its series IMF Working Papers with number 08/105.

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Length: 25 pages
Date of creation: 29 Apr 2008
Date of revision:
Handle: RePEc:imf:imfwpa:08/105

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Keywords: Working Paper ; Mexico ;

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This page was last updated on 2009-12-17.


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