DIFC, the financial and business gateway between the regional emerging markets and the world, and Absalon Project, a joint venture between affiliates of VP SECURITIES A/S and Soros Fund Management, today launched a Feasibility Study for the establishment of a mortgage system in the UAE based on the principles of the Danish Mortgage Model. The proposed Model involves private residential mortgages being funded by the issuance of standardised bonds, creating a large and liquid mortgage bond market.
� 2011 Al Bawaba (www.albawaba.com)
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