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.
See More
DETAILS
-
2024/08/12
-
Brief
-
192978
-
1
-
2024/08/12
-
Disclosed
-
Collateralized Mortgage Line of Credit : Promoting Access to Affordable Housing in Emerging Markets
Citation
World Bank.
Collateralized Mortgage Line of Credit : Promoting Access to Affordable Housing in Emerging Markets (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099720508122434918