Chapter 8. Secondary Mortgage Markets in South Africa

  1. Danny Ben-Shahar BA, MBA, PhD Senior Lecturer board member member3,
  2. Charles Ka Yui Leung Associate Professor visiting scholar referee editorial board member member4 and
  3. Seow Eng Ong PhD Professor president recipient5
  1. Julia Freybote MBA, Master of Science in Real Estate (MSRE) Senior Lecturer Head1 and
  2. Viola Karoly Bachelor of Commerce, Master of Commerce in Business Management, PhD financial analyst2

Published Online: 2 FEB 2009

DOI: 10.1002/9781444302301.ch8

Mortgage Markets Worldwide

Mortgage Markets Worldwide

How to Cite

Freybote, J. and Karoly, V. (2008) Secondary Mortgage Markets in South Africa, in Mortgage Markets Worldwide (eds D. Ben-Shahar, C. K. Y. Leung and S. E. Ong), Blackwell Publishing Ltd., Oxford, UK. doi: 10.1002/9781444302301.ch8

Editor Information

  1. 3

    Faculty of Architecture and Town Planning, Technion – Israel Institute of Technology, Israel

  2. 4

    Department of Economics and Finance, City University of Hong Kong, Hong Kong

  3. 5

    Department of Real Estate, National University of Singapore, Singapore

Author Information

  1. 1

    University of South Africa, South Africa

  2. 2

    Structured Finance Division, South Africa

Publication History

  1. Published Online: 2 FEB 2009
  2. Published Print: 16 MAY 2008

Book Series:

  1. Real Estate Issues

Book Series Editors:

  1. Stephen Brown6,
  2. John Henneberry7,
  3. K. W. Chau8 and
  4. Elaine Worzala9

Series Editor Information

  1. 6

    Royal Institution of Chartered Surveyors, UK

  2. 7

    Department of Town & Regional Planning, University of Sheffield, UK

  3. 8

    Department of Real Estate and Construction, The University of Hong Kong, Hong Kong

  4. 9

    Edward St. John Department of Real Estate, Johns Hopkins University, USA

ISBN Information

Print ISBN: 9781405132107

Online ISBN: 9781444302301



  • secondary mortgage markets in South Africa;
  • South Africa - significant consumption-driven economic growth;
  • residential property market;
  • South African residential property market;
  • commercial property market;
  • primary mortgage markets;
  • residential mortgage-backed securitization (RMBS);
  • commercial mortgage-backed securitization (CMBS);
  • South African single borrower structure;
  • South African secondary mortgage markets – orientated towards European counterparts


This chapter contains sections titled:

  • Introduction

  • Economic and property market fundamentals

  • Primary mortgage markets

  • Secondary mortgage markets

  • Conclusion and outlook

  • Notes

  • References