This paper documents developments in mortgage credit and the housing sector in Latin America over the past decade, and … compares them with those of other emerging economies. In particular, it examines the real estate and mortgage markets to assess … whether (i) growth in mortgage credit is excessive compared to long-term trends; (ii) trends in house prices reflect changes …

and mortgage debt. It also describes the Spanish mortgage market and assesses the resilience of the financial sector to a … possible adjustment in the housing and mortgage markets. It presents a market-based indicator to show the market views on the … quality of the mortgage portfolio and also provides recommendations. …

This paper gives a general mortgage model subject to sub-optimal prepayment behavior of borrowers. The proposed … classification of approaches to the option-based and mortgage-rate-based (MRB) specification is validated by the fact that these two … approach based on the MRB idea with the endogenous mortgage rate process. The mortgage rate process is defined and the …

This paper argues that making affordable home mortgage loans available to a large cross section of the population will … and mortgage markets in selected Middle East and North Africa (MENA) countries (Algeria, Egypt, Jordan, Morocco, and … growth of alleviating housing shortages by improving access to mortgage financing. …

Property price inflation has accelerated during the last few years, propelled by low mortgage rates, poor returns from …