The development of the real estate market and implicitly of the mortgage market over the last twelve months, the higher demand for financing, as well as the high potential of this market are making more and more players try their luck in this “ring.” Furthermore, the regulation of the legal framework for the mortgage credit companies early this year has paved the way for new competition for banks, i.e. the mortgage credit companies. The newest entry on this market is Domenia Credit, which will grant mortgage credits worth over $7 million for building, buying or refurbishing homes in Romania, with the funds derived from a loan supplied by Raiffeisen Bank and secured by the US Government. Domenia Credit is a mortgage credit company set up under Law 330/2003 in late February 2003. Its shareholders include Romanian American Enterprise Fund (RAEF), which holds the controlling interests, Shorebank Advisory Services and Raiffeisen Bank. ZF