Notes: Maximum Payment-to-Income ratio is 30% and 20% for social housing (VIS)
Notes: UVR +12,7 E.A% for UVR loans, 12month UVR variartion (from the begining of the contract) +12,7 E.A.
Notes:
Notes: 120 days or more past due
Notes: 120 days or more past due
Notes: 18,985,083 in Pesos. IMF annual average official exchange rate for 2007 used (2070.34 pesos = 1 USD).
Notes: 406,981.52 in Pesos. IMF annual average official exchange rate for 2007 used (2,070.34 pesos = 1 USD).
Notes: 462,180 in Pesos. IMF annual average official exchange rate for 2008 used (1,978.47 pesos = 1 USD).
Notes: 50-70%
Notes: 9 procedures; cost is 2.4% of property value
Notes: 9 procedures; cost is 2.4% of property value
Notes: A discretionary interest rate is not legal.
Notes: A discretionary interest rate is not legal.
Notes: Average 2002-2007
Notes: Average Aug-Oct 2010
Notes: Average spread over average DTF,and CDTs
Notes: Calculated as the difference between DTF (passive interest rate) and the mortgage loans interest rate for private sector loans.
Notes: Calculated as the difference between DTF (passive interest rate) and the mortgage loans interest rate for private sector loans.
Notes: Calculated as the difference between DTF (passive interest rate) and the mortgage loans interest rate for private sector loans.
Notes: Calculated as the difference between DTF (passive interest rate) and the mortgage loans interest rate for private sector loans.
Notes: Calculated as the difference between DTF (passive interest rate) and the mortgage loans interest rate for private sector loans.
Notes: Corresponds to the price index for new housing.
Notes: Delinquency rate: Non performing loans/ Total loans. Nonperforming loans for housing within 1 to 4 months only includes overdue monthly payments. Capital not included in the monthly payment from 1 to 4 months.
Notes: Delinquency rate: Non performing loans/ Total loans. Nonperforming loans for housing within 1 to 4 months only includes overdue monthly payments. Capital not included in the monthly payment from 1 to 4 months.
Notes: Discretionary ARMs are prohibited
Notes: Discretionary ARMs are prohibited
Notes: Financial Superintendency of Colombia requires that credits are qualified; we assume that 100% of loans use credit scoring, however this information is not available.
Notes: Financial Superintendency of Colombia requires that credits are qualified; we assume that 100% of loans use credit scoring, however this information is not available.
Notes: Financial Superintendency of Colombia requires that credits are qualified; we assume that 100% of loans use credit scoring, however this information is not available.
Notes: Financial Superintendency of Colombia: Oversees, monitors and controls. Ministry of Finance, Ministry of Housing, Environment and Territorial Development: Regulates through decrees and draft laws. Fonvivienda: regulates through draft laws.
Notes: Financial Superintendency of Colombia: Oversees, monitors and controls. Ministry of Finance, Ministry of Housing, Environment and Territorial Development: Regulates through decrees and draft laws. Fonvivienda: regulates through draft laws.
Notes: Financial Superintendency of Colombia: Oversees, monitors and controls. Ministry of Finance, Ministry of Housing, Environment and Territorial Development: Regulates through decrees and draft laws. Fonvivienda: regulates through draft laws.
Notes: Fondo Nacional del Ahorro
Notes: Fondo Nacional del Ahorro
Notes: Government funds at low rate.
Notes: Government funds at low rate.
Notes: IMF annual average official exchange rate for 2009 (2184.98 pesos = 1 USD).
Notes: IMF annual average official exchange rate for 2009 (2184.98 pesos = 1 USD).
Notes: Includes all dwelling units, not only the vacant ones
Notes: Includes around 97% of new projects only, in three cities: Bogota, Cali, & Medellin.
Notes: Includes around 97% of new projects only, in three cities: Bogota, Cali, & Medellin.
Notes: Includes Cajas de Compensación.
Notes: Includes Cajas de Compensación.
Notes: Includes Cajas de Compensación.
Notes: Includes Cajas de Compensación.
Notes: Includes Cajas de Compensación.
Notes: Includes Cajas de Compensación.
Notes: Includes Commercial Banks
Notes: Includes Commercial Banks
Notes: Includes Commercial Banks
Notes: Includes Commercial Banks
Notes: Includes Commercial Banks
Notes: Includes Commercial Banks
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Commercial Banks, Compañias de Financiamiento Comercial, Cooperativas Financieras, Cajas de Compensación and Fondo Nacional del Ahorro
Notes: Includes Compañias de financiamiento comercial and Fondo Nacional del Ahorro
Notes: Includes Compañias de financiamiento comercial and Fondo Nacional del Ahorro
Notes: Includes Compañias de financiamiento comercial and Fondo Nacional del Ahorro
Notes: Includes Compañias de financiamiento comercial and Fondo Nacional del Ahorro
Notes: Includes Compañias de financiamiento comercial and Fondo Nacional del Ahorro
Notes: Includes Compañias de financiamiento comercial and Fondo Nacional del Ahorro
Notes: Includes housing leasing
Notes: Includes housing leasing
Notes: Indexed to UVR (real value unit) an account unit that reflects the acquisition power of the currency, based exclusively on the monthly change of the CPI
Notes: Indexed to UVR (real value unit) an account unit that reflects the acquisition power of the currency, based exclusively on the monthly change of the CPI
Notes: Interest rate subsidies
Notes: Limits to the permitted increase in interest rates for ARMs
Notes: Limits to the permitted increase in interest rates for ARMs
Notes: Limits to the permitted increase in interest rates for ARMs
Notes: Maximum loan-to-value ratio allowed
Notes: Maximum loan-to-value ratio allowed
Notes: Maximum loan-to-value ratio allowed
Notes: Maximum loan-to-value ratio allowed 70% and 80% for social housing (VIS)
Notes: Maximum loan-to-value ratio allowed 70% and 80% for social housing (VIS)
Notes: Maximum loan-to-value ratio allowed 70% and 80% for social housing (VIS)
Notes: Maximum Payment-to-Income ratio allowed 30% and 20% for social housing (VIS)
Notes: Maximum Payment-to-Income ratio is 30% and 20% for social housing (VIS)
Notes: National Garantee Fund: Covers 70% of the expected loss for social housing
Notes: Objective Informality: People who thinks they deserve a better job, and have done something about it
Notes: Only credits for social housing
Notes: Rate = 0%
Notes: Rate = 0%
Notes: Rate = 0%
Notes: Rate = 0%.
Notes: Rate = 0%.
Notes: Sector is poorly developed
Notes: Sector is poorly developed
Notes: Social housing (VIS) only
Notes: Social housing (VIS) only
Notes: Social housing (VIS) only
Notes: The Central Bank regulates Interest Rates, maximum levels for social housing lending and non social housing
Notes: The Central Bank regulates Interest Rates, maximum levels for social housing lending and non social housing
Notes: The highest income decile in the income distribution is the 90th and above and the lowest is the 10th decile and below
Notes: The highest income decile in the income distribution is the 90th and above and the lowest is the 10th decile and below.
Notes: The highest income decile in the income distribution is the 90th and above and the lowest is the 10th decile and below.
Notes: The maximun term over which pmt is calculated is 20 years.
Notes: The maximun term over which pmt is calculated is 20 years.
Notes: The sources are retail funding, bonds and primarily securitization mortgages. Nevertheless this information is not available.
Notes: There are no foreign exchange loans in Colombia.
Notes: There are no foreign exchange loans in Colombia.
Notes: There are two credit bureaus: Datacrédito and CIFIN.
Notes: There are two credit bureaus: Datacrédito and CIFIN.
Notes: There are two credit bureaus: Datacrédito and CIFIN.
Notes: There is data only for total rent, which is reported in private rental units.
Notes: There is data only for total rent, which is reported in private rental units.
Notes: These data correspond to the price index for new housing.
Notes: These data correspond to the price index for new housing.
Notes: UVR +12,7 E.A% for UVR loans, 12month UVR variartion (from the begining of the contract) +12,7 E.A.
Notes: UVR +12,7 E.A% for UVR loans, 12month UVR variartion (from the begining of the contract) +12,7 E.A.
Notes: VIS: (Social Housing): 80%, NO VIS (not social housing): 70%
Notes: VIS: (Social Housing): 80%, NO VIS (not social housing): 70%
Notes: VIS: (Social Housing): 80%, NO VIS (not social housing): 70%
Notes: VIS: 59%, NO VIS: 49%