PowerPoint presentation
Key FSAP issues for the Housing Finance System
- FSAP – “private housing finance market is growing soundly but remains largely under-developed”
- Numerous overlapping/competing and misdirected subsidies, tax credits and guarantees
- Still much work on the building blocks for a sound housing finance system – eg Registration, Credit information, regulations, underwriting, etc
- Developer Financing is unregulated and unquantified, yet could account for a large proportion of the financing for real estate.
- Need for review of mortgage regulations by BSP