Despite a recent expansion in housing finance, Brazil still faces a severe housing shortage, especially among lower-income people, and it is important to examine the development, limitations and prospects of the country`s housing finance market. This paper investigates the recent evolution of...

As the institution charged with monetary and exchange policy implementation and national financial system (SFN) regulation and supervision, Banco Central do Brasil's (BCB) role is one of enormous importance. In the first grouping of responsibilities, the institution acts as a classic central...