The program takes a holistic view of housing finance and includes technical, managerial, and policy issues in international housing finance. Some of the specific topics that will be covered are:

 

  • Indicators of an effective housing finance system.
  • Criteria for transplantation of mortgage financial models from one country to another.
  • Profitability analysis for financial firms involved with housing finance
  • Assessing and managing credit, liquidity, and interest rate risk.
  • Valuing techniques for mortgage market instruments.
  • Pros and cons of alternative funding for housing finance.
  • Infrastructure requirements for secondary market development; multiple ways of accessing capital markets.
  • Different regulatory approaches for the housing finance industry and the implications of Basel II.
  • How to move mortgage lending down-market; how to expand access to micro-finance for housing.
  • Rationale for subsidizing housing; subsidizing housing finance the right way.