Finance, Management and Economic, Science and Research Branch, Islamic Azad University, Tehran, Iran
Abstract
The establishment of the Mortgage Bond market is facilitated and promoted through collaborative planning and design by all parties involved. Mortgage Bonds serve as a tool to enhance banks' credit potential and increase liquidity within the real estate sector. Despite the strict regulations imposed on their issuance and supervision following the 2007-2008 financial crisis, Mortgage Bonds have continued to exist. However, Iran has yet to develop a well-established market in this area, although it has gained some experience. This study aims to analyze the various factors that influence and contribute to the development of the secondary mortgage market in Iran. The necessary data was collected through a questionnaire, and factor analysis and logistic regression were applied to classify and estimate the impact of these factors. The analysis revealed a total of 23 factors, of which 16 were found to be significant. These factors were categorized into three classes: Laws and Regulations, Economic-Management Circumstances, and Bond Characteristics. Together, these classes encompass twelve drivers of effectiveness. The study found that the influence of managerial and legal elements on success is insignificant, while changes in economic conditions and bond characteristics increase the hazard ratio by 3.5.
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Ganji,H . (2025). Influential Factors Shaping the Development of Iran's Secondary Mortgage Market.. International Journal of Financial Technology Perspective, 2(5), 75-88.
MLA
Ganji,H . "Influential Factors Shaping the Development of Iran's Secondary Mortgage Market.", International Journal of Financial Technology Perspective, 2, 5, 2025, 75-88.
HARVARD
Ganji H. (2025). 'Influential Factors Shaping the Development of Iran's Secondary Mortgage Market.', International Journal of Financial Technology Perspective, 2(5), pp. 75-88.
CHICAGO
H Ganji, "Influential Factors Shaping the Development of Iran's Secondary Mortgage Market.," International Journal of Financial Technology Perspective, 2 5 (2025): 75-88,
VANCOUVER
Ganji H. Influential Factors Shaping the Development of Iran's Secondary Mortgage Market.. IJFTP. 2025;2(5):75-88.
