Mortgage Lending in the Palestinian Territories : Fundamentals for Judges and Lawyers

Palestinian Judicial Training Institute ; World Bank ; USAID

World Bank, Washington, DC

关键词: ACCOUNTING;    ACTIVE MARKET;    AMORTIZATION;    AMOUNT OF CREDIT;    AMOUNT OF LOAN;   

RP-ID  :  70016

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This document describes the trainingcourse for lawyers and judges in the PalestinianTerritories, which was designed as an introduction toresidential mortgage lending, and the use of mortgagecollateral. These materials begin with a technicaldescription of mortgage lending and mortgage collateral, thepurposes and content of mortgage law, and the generalconditions for development and expansion of residentialmortgage lending activity. This is followed by a discussionof mortgage lending from the perspective of the financialinstitutions that originate most loans, including theprocess of making the loan and the economics of mortgagelending. The sections on economics of mortgage lendinginclude the costs to the creditor, the risks faced byresidential mortgage creditors, how creditors determineinterest rates and other loan terms, and the effect of loanterms on the ability of citizens to borrow. The discussionof the economics of mortgage lending also focuses on recentresearch showing how laws affecting creditors' rightsand court enforcement of creditors' rights may affectthe amount and terms of mortgage lending in a country. Thedocument includes a review and discussion of the currentmortgage law in the West Bank and Gaza, focusing on formalrequirements for creation of the mortgage and the proceduresfor enforcing mortgage liens against real property. Aglossary of terms common to mortgage lending is included atthe end of these materials for convenience.