Mortgage Lending for Slum Clearance
Copyright policy )Mortgage Lending for Slum Clearance
AbstractThe paper investigates into allocation of treasury funds when major repairs are being funded. Slum clearance is part of major repairs costs. It is shown that mortgage lending can be used to reduce loading on treasury funds and make slum clearance quicker. The world experience in mortgage lending improvement is studied. In particular, mortgage securitization effect is looked into. A model of government co-financing of mortgage lending is proposed. The effect on economic performances due to application of this model is assessed. Guidelines are suggested in order to maintain high quality of the mortgage portfolio.
- St. Petersburg State Technological Institute Russian Federation
- Peter the Great St. Petersburg Polytechnic University Russian Federation
- ST. PETERSBURG STATE POLYTECHNICAL UNIVERSITY Russian Federation
budget optimization, credit scoring., government sponsorship, Mortgage lending, major repairs, Engineering(all)
budget optimization, credit scoring., government sponsorship, Mortgage lending, major repairs, Engineering(all)
selected citations These citations are derived from selected sources.This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).1 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Average influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Average
Citations provided by BIP!Popularity provided by BIP!