commercial mortgage backed securitization in china;
每项贷款都以债券或抵押作保。
with the advanced experience from foreign countries, the mortgage backed securitization has come into being, which motivates the development of real estate in china.
借鑒国外先进经验,住房抵押贷款证券化随之而生,对促进我国房地产业的发展起到了积极的作用。
the financial innovation of mortgage backed securitization makes the credit chain longer, so that the problem of information asymmetry is more serious.
而信号传递机制的缺失,使得信息不对称问题无法有效解决,证券化链条具有内生脆弱性,这便是次贷危机爆发的根源。
mortgage backed securitization is a kind of new-type structure financing way.
住房抵押贷款证券化是一种新型的结构融资方式。
as a tool of finance, the mortgage backed securitization products are the very important carriers for the process of the mortgages securitization.
作为一种金融工具,住房抵押贷款证券化产品是住房抵押贷款证券化过程中重要的载体。