The document is based on primary mortgage market development in emerging markets of Sub-Saharan Africa. The provision of more and better housing remains a long-standing policy problem in the transition from central planning to market economies in the early 1990s in Central and Eastern Europe (CEE) and Central Asia. Broad financial sector reform and favorable economic development supported the introduction of mortgage products, the development of keen competition and the emergence of various instruments or models to fund the increasing demand for home purchases. The region responded to this challenge through different financing mechanisms such as the covered mortgage bond, contractual savings schemes or the securitization of mortgages.