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Mortgage banks in an international comparison

Author

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  • Rigmar Osterkamp

Abstract

Everywhere in the world, banks are willing to grant loans for the acquisition or the building of houses and for the purchase of building sites. However, not all countries have special legislation that helps the banks to refinance such loans by the issuing of legally defined mortgage bonds. Here, an overview of the legal basis in European countries and the US is provided.

Suggested Citation

  • Rigmar Osterkamp, 2005. "Mortgage banks in an international comparison," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(09), pages 30-33, May.
    • Handle: RePEc:ces:ifosdt:v:58:y:2005:i:09:p:30-33
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    File URL: https://www.ifo.de/DocDL/ifosd_2005_9_6.pdf
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    More about this item

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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