2003•Journal of Chongqing Technology and Business UniversityRequires access
Economic effect on securitization of mortgage loan
Xiao Zan-jun
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Abstract
After the rising of the securitization of mortgage loan in the Unite states, the securitization has become one of the three major financial development trends. Why has the securitization become prevailing? This article meticulously analyzes the effect of the securitization of housing mortgage loan on capital distribution, the renovation of financial mechanism and the influences of increase of financial efficiency.