Bubbles recur, especially in real estate, because this reflexive relationship is repeatedly ignored.

Those remaining would be strong enough to support the real sector and provide cheap credit for genuine investors.

Until recently, the Spanish authorities maintained that the problems in their country s real estate sector were temporary.

With so much excess capacity in real estate, confidence will not recover to its pre crisis level anytime soon, regardless of what is done to the banking sector.

International Real Estate Federation

Still others highlight the role that the political system played in inflating the banking sector and real estate prices, particularly the sub prime sector.

Frighteningly, the new Japanese government is still trying to deal with the aftermath of the country s two decade old property bust.

The legacy of excess real estate capacity and over leveraged households makes recovery all the more difficult.

The Treasury has asked for authority to purchase 700 billion of mortgages to get them off of the private sector's books.

The housing recession the worst in US history and worsening every day will eventually see house prices fall by more than 20 , with millions of Americans losing their homes.

Market fragmentation in the more diversified economies is often due to intraregional investment priorities in non tradable sectors, particularly real estate.

The Right Weights for Mortgage Risks

Occupy the Mortgage Lenders

The government may also need to consider injecting funds more directly into the mortgage sector while the private sector reconstitutes itself.

However, during the same time, employment in the international business sector rose by 5.3 per cent and in the public and real estate sectors by 2.0 per cent.21

So far, the sub prime crisis has had a limited direct impact on Latin America s mortgage markets.

Losses are spreading from sub prime to near prime and prime mortgages, commercial mortgages, and unsecured consumer credit (credit cards, auto loans, student loans).

Given that it is in local governments interest to maintain high economic growth rates, many are borrowing to fund large scale investment in real estate and infrastructure projects.

And, with banks balance sheets having been strengthened, it will be possible to restructure mortgage debts, bank debts, and other private sector debts without destabilizing financial systems.

The Constitution, Land Law and Law on Marriage and Family provide for equal rights of men and women over land (See Article 15).

Mortgage debts, too, must be written down.

(g) Cadastral surveying and mapping

The representative of the International Real Estate Federation also made a statement.

So they've created deductions, subsidies and insurances.

As a result, mortgage brokers maximize their income by generating larger volumes of mortgages, as do the banks that package these loans into mortgage backed securities (MBS s).

In Mexico, all mortgages carry fixed interest rates, unlike the infamous exploding ARMs that left US homeowners ruing their choice of adjustable rate mortgages when interest rates rose. Mexican mortgages are indexed to inflation, but the state mortgage agency links that index to the minimum wage and makes up the difference if mortgage interest adjustments for inflation outpace wage growth.

Mortgages became more widely available.

Mortgage brokers were happy to get in on the act.

It was called securitized mortgages.

Land use right for women in rural areas

Credit card, electronic wallets, mortgage back security stock options.

After the subprime crisis erupted, mortgage and consumer debt was paid down by households either with their savings or by default.

Unlike virtually every other country, US residential mortgages are effectively no recourse loans.

By the end of this year about 8.4 million US individuals with mortgages will be unemployed and unable to service their mortgages.

As for names in land use certificates, the State has concrete measures that ensure both wife and husband has names in land use certificate.

The entire housing finance system has been overhauled and a two tier system has been established with the Federal Mortgage Bank at the apex with a network of primary mortgage institutions as the second tier.

Indeed, the foreclosure rate is increasing.

The problem was not just sub prime mortgages.

Some countries have invested heavily in cadastral surveys.

The contract is then deposited with a local land registry.

Think Enron, Madoff, the mortgage crisis.

It is no accident that the tertiary sector, the service sector, is growing while the secondary sector (industry) stagnates and the primary sector (agriculture) nearly disappears.

The financial sector s inexcusable recklessness, given free rein by mindless deregulation, was the obvious precipitating factor of the crisis. The legacy of excess real estate capacity and over leveraged households makes recovery all the more difficult.

Moreover, the US housing market appears to be stabilizing....Overall, the US mortgage market has remained resilient, although the sub prime segment has deteriorated a bit more rapidly than had been expected.

a rapid reduction of insolvent households debt burden, preceded by a temporary freeze on all foreclosures