Housing Finance in Chile: The Experience in Primary and Secondary Mortgage Financing
Inter-American Development Bank
Download Document| Date Published | 2000 |
| Version | |
| Primary Author | Claudio Pardo |
| Other Authors | |
| Theme | |
| Country | Chile |
Abstract
This paper presents the experiences of the housing finance market in Chile. It was first presented at a regional conference on the development of mortgage securitization held at the Inter-American Development Bank. The paper focuses on the evolution of housing finance in Chile, including the role of the government and the development of the secondary market for mortgages with a link to the growth of institutional investors. The paper also presents some of the key lessons garnered from the Chilean experience with respect to the role of housing market infrastructure and risk management.