IDB Supports Metrofinanciera

IDB Supports Metrofinanciera

Bonds Structured Finance

The Inter-American Development Bank (IDB) has approved $105 million in partial credit guarantees to Mexican mortgage lender Metrofinanciera. "Up to $55 million in partial credit guarantees will assist Metrofinanciera in obtaining a mortgage warehouse facility of $175 million from an international commercial bank to originate and accumulate mortgage pools prior to securitization", announced the Bank. A mortgage-backed securities (MBS) guarantee facility of up to $50 million will provide partial c

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