Housing Finance in Emerging Markets, May 28-30

The World Bank Group is hosting its third Global Conference on Housing Finance in Emerging Markets from May 28 to 30, 2008 in Washington, D.C.

Housing finance markets, particularly in emerging economies, are a powerful engine for economic growth. However, the unfolding subprime mortgage crisis highlights the risks and potential turbulence that this sector can introduce into the financial system if it expands without proper infrastructure and regulation.

Experienced practitioners and policymakers will address key issues, including:

• Risk exposure and lessons from the subprime mortgage crisis
• Evolution of business and funding models
• Legal and regulatory foundations for housing finance
• The role of specialized housing finance institutions and risk-sharing instruments
• Development of mortgage securities during the current global liquidity crisis
• Affordable housing finance solutions for the poor, including the rental sector

To learn more about the event, visit the related Web page...

For more information contact:

Colleen Mascenik
Financial & Private Sector Learning, World Bank
Phone: +1 (202) 473 7734
E-mail: cmascenik@worldbank.org

Lotte Pang
IFC Communications Officer
Phone: +1 (202) 458-0952
E-mail: lpang@ifc.org