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Article: DIFC Economics Workshop on Housing Finance identifies need for establishment of a Mortgage Finance Guarantee Agency.
- Article from:
- Albawaba.com
- Article date:
- November 4, 2009
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The need for a Mortgage Finance Agency to facilitate and expedite the development of the real estate and property markets was highlighted during a Dubai International Financial Centre (DIFC) event held here today.
Speakers and delegates attending the DIFC Economics Workshop on Housing Finance, evaluated the current scenarios, identified the key challenges facing the real estate sector in the region and discussed possible solutions.
It was generally agreed that the activation of home finance flows near to pre-crisis levels was the key that would lead to faster recovery and future growth of the real estate sector, the building and related industries and ...