Abstract
This chapter explores how lower-income housing in emerging markets can be funded through wholesale sources, specifically through the capital markets and lender-to-investor channels. Access to wholesale finance can expand the supply of funds available for housing and manage the associated risks of lending. While the financial crisis of 2008–09 led to a collapse in wholesale funding worldwide, the use of this instrument will rebound as the global economy recovers.
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© 2011 Springer-Verlag Berlin Heidelberg
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Lea, M.J. (2011). Wholesale Funding Instruments. In: Köhn, D., von Pischke, J. (eds) Housing Finance in Emerging Markets. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-77857-8_6
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DOI: https://doi.org/10.1007/978-3-540-77857-8_6
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-77856-1
Online ISBN: 978-3-540-77857-8
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