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IFC Warehouse Line of Credit : Promoting Access to Affordable Housing in Emerging Markets (anglais)

Warehouse Line of Credit (WHL) is a revolving facility granted to a Borrower to acquire and warehouse mortgage portfolio for future securitization. Such portfolio is pledged to International Finance Corporation (IFC) as collateral of WHL and is placed into a special purpose vehicle (SPV) in the meantime for the purpose of securitization. The proceeds from future securitization will be funneled back to IFC, thus replenishing the ultimate WHL for subsequent...
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