38650-012: A Study on the Development of an Agency to Facilitate Issuance of Residential Mortgage-Backed Securities

Project Data Sheet (PDS): Overview


Description

The purpose of the TA is to develop a mechanism for issuance of "true sale" residential mortgage backed securities (RMBS) for providing matched funding to both bank and non-bank institutions to ensure sustainability of important delivery channels, including those that specialize in low value, high volume lending segments, trough setting up of a credit enhancement agency along similar lines as Fannie Mae in the US. Read More

Country India
Borrower/Equity Investment Name
Project Number 38650-012
Type or Modality of Assistance TA
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 4569
Approval Date 25 Feb 2005
Geographical Location India
Sector Finance
Subsector Housing finance

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Responsible ADB Officer
Christine Engstrom
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Infrastructure Finance Division 2

PDS Creation Date
05 Mar 2008

Last PDS Update
05 Mar 2008

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