Expansion of private lenders’ participation in housing ...
Jun 14, 2012 · Two private banks—Itaú and Santander—undertook pilot housing finance operations with FGTS funds in 2007-2008. Itaú reported issuing about 400 loans to test the system and monitor portfolio performance for a novel client segment, while Santander reported issuing 6-10 loans to test the system. The obstacles they have encountered are listed ... ................
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