Collateralized Mortgage Line of Credit (CML) is a commitment by International Finance Corporation (IFC) to lend funds against a pledge of mortgage assets held as collateral for IFC’s obligation. Typically, the line is structured as a revolving line allowing multiplier effect for mortgage origination. This product is usually used by primary mortgage market originators and can be viable if securitization is not yet available.
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INFORMATION
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2024/08/12
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Fiche
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192978
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1
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2024/08/12
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Disclosed
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Collateralized Mortgage Line of Credit : Promoting Access to Affordable Housing in Emerging Markets