The feasibility of establishing a secondary mortgage market in the Philippines

This thesis will assess the "readiness" and analyze the factors that will lead to the development of an effective secondary housing mortgage market in the Philippines. We will use secondary mortgage market models from the United States and other countries with well-established secondary mortgage institutions (SMIs) as a lens through which to analyze the readiness of the Philippine market. In the course of our assessment, we will examine the following four key issues: 1. The primary and secondary fixed income securities market; 2. The mortgage origination process; 3. The securitization and trading process; and 4. The regulatory, legal and tax environment. We will offer recommendations and alternatives with regard to the Philippine market's further development.

Department dc:contributor.department

Massachusetts Institute of Technology. Dept. of Urban Studies and Planning.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2001

Authors dc:creator

• Ledesma, Rene Aleta, 1974-
• Jirasetpatana, Nujnarch, 1973-

Advisor dc:contributor.advisor

• W. Tod McGrath.

• Urban Studies and Planning.
• Architecture.

Statement dc:rights

• M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/59510

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/59510