Mexico : Financial Sector Assessment Program Update-Technical Note-Housing Finance

Author/Editor:

International Monetary Fund

Publication Date:

May 15, 2007

Electronic Access:

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Summary:

This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Sociedad Hipotecaria Federal has successfully led a range of direct policy measures that have stimulated the development of the housing finance market. The government improved the legal environment for mortgage finance by passing reforms that reduced the average time to foreclosure from five years to two, by facilitating the reform of several state property registries and by facilitating mortgage securitization.

Series:

Country Report No. 07/162

Subject:

English

Publication Date:

May 15, 2007

ISBN/ISSN:

9781451825701/1934-7685

Stock No:

1MEXEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

32

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