Talking about the House Mortgage-backed Securitization:Chinese Mode
Yimeng Wang
Abstract
Yimeng Wang
Abstract
In the light of the risk of the house mortgage-backed loan for commercial bank,this paper puts forward the presumption of issuing mortgage-backed securitization in China,probes into and analyzes on the problems of the organizational modes and functions of the mortgage-backed securitization,the structure of the asset-pool,the establishment of SPV and the actual circumstance in China,the design of the securities products,the credit increase and credit evaluation,etc.
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In the light of the risk of the house mortgage-backed loan for commercial bank,this paper puts forward the presumption of issuing mortgage-backed securitization in China,probes into and analyzes on the problems of the organizational modes and functions of the mortgage-backed securitization,the structure of the asset-pool,the establishment of SPV and the actual circumstance in China,the design of the securities products,the credit increase and credit evaluation,etc.
Key concepts: Securitization, Shared appreciation mortgage, Mortgage underwriting, Mortgage insurance, Business, Secondary mortgage market, Financial system, Presumption