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Utilizing a sample of loan originations, the distribution of the market served by the Federal Housing Administration …
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This paper surveys housing finance in Costa Rica, El Salvador and Panama. The development of a secondary mortgage … Panama has not grown due to high liquidity. In Costa Rica's subsidy policy, core institutions responsible for housing policy … housing deficit is concentrated. A solution based on public budgets is not sustainable, requiring an active role of the …
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In 2001, Mexico introduced a comprehensive federal housing policy package. The results have been quantitatively …
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This paper analyzes a large database provided by INFONAVIT, Mexico's principal mortgage issuer, which contains information on borrowers' repayment behavior. It finds that borrowers who received subsidies do not show higher default rates than borrowers who received no financial assistance....
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In Guatemala there are substantial and growing imbalances in the housing market; at the same time, financial markets … failures responsible for the underdevelopment of the housing finance system. The working hypothesis is that there is a … on this framework, the paper proposes guidelines for the design and implementation of housing finance policy in Guatemala. …
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