Information Asymmetries and Incentive Problems in Microcredit Markets Rachael Meager The University of Melbourne October 2011 What is Microcredit? • Microcredit Institutions…
1. Putting The Pieces Together 2. Agenda What is the definition of Pre-Foreclosure? Why Should I Care? How Does the Process Work? 3. 4. Embarrassment 2 nd Mortgage Timeline…