Wednesday October 12, 2016 | Jamaica Gleaner

Mortgage Mania - Secondary And Reverse Markets Being Considered For Jamaica

Speaking at the Annual Real Estate Symposium, hosted by the Realtors Association of Jamaica, Holness announced that the policy and institutional framework for a secondary-mortgage market and reverse mortgages was being crafted by technocrats across various government agencies.

The prime minister argued that the policy changes are needed to unlock the growth potential of the real estate market.