“In Mexico, five banks and the government originate 99% of the loans. It’s very difficult to have new competitors, because there’s no liquid secondary market like Fannie Mae or Freddie Mac in the U.S.”

https://mail.google.com/mail/u/0/?tab=mm#search/axios+pro/FMfcgzGqRZXPmbFZcjrkvtMcqtcKMZMT