Information > General article > Home loan strategy > Essential knowledge >  text

What is RMBS (Home Loan Mortgage Securities)?

Time: 2014-07-22         Source: Rong 360 finishing         Author: Han Ping
        In order to spread financial institutions in the issuance of housingMortgageWhen it comes to the risk of loans, a common international method is to implement mortgage securitization. The so-called mortgage securitization is to convert the mortgage loans issued by financial institutions into mortgage-backed securities (mainly bonds), and then sell them to market investors in the capital market to finance and make money.MortgageThe risk spread is borne by many investors. In essence, issuing mortgage-backed securities is a type of mortgage-issuing institution.Transfer of creditor's rightsThe act, that is, the loan issuer transfers all rights to the home loan borrower to the securities investor. Mortgage-backed security (MBS), the borrower's monthly repayment cash flow, is the source of income for the security. Mortgage securitization is just one form of asset securitization. Asset securitization is a big trend.

 

      

Caption: The third line of asset securitization is the combination of the first two lines. The bank is still the lender to the left and the investor is replaced by the right. The investor also faces the bank directly from the borrower (the first line). Three lines). In the process of asset securitization, the role of the bank is crucial. It takes out part of the loan assets to set up an asset pool, and issues bonds to investors on the basis of the asset pool. Since this part of the assets has been sold (not on the balance sheet, it satisfies Barcelona). The requirements of the agreement), so that the bank does not occupy the bank's capital, there are gains; and investors can get higher returns (higher than deposits, but at risk). In the end, everyone is happy (until the financial crisis).

    You may need these loans

    Room loan

    Loan with mortgage record

    500000

    Maximum amount

    0.89%

    Minimum monthly interest rate

    1 day

    Fastest loan time

    apply immediately

    Redemption

    Debt mortgage

    6.5 million

    Maximum amount

    2.20%

    Minimum monthly interest rate

    30 days

    Fastest loan time

    apply immediately

    Home loan

    Home mortgage, good capital turnover

    10 million

    Maximum amount

    1.20%

    Minimum monthly interest rate

    7 days

    Fastest loan time

    apply immediately

    Decoration loan

    Buying a house renovation loan

    500000

    Maximum amount

    0.37%

    Minimum monthly interest rate

    1 day

    Fastest loan time

    apply immediately
    Save this article to my mailbox
    Subscribe to mortgage, property news

    Sweep and make buying a home easier!

    Welcome to pay attention to Rong 360 mortgage
    Official WeChat (Fangdai123)

    [Exclusive Manuscript and Disclaimer] Any work, such as "360 Original", without the written authorization of 360, may not be reproduced, extracted or otherwise used by any unit, organization or individual. If you have been authorized in writing, please indicate the source of 360. Anyone who violates the above statement and infringes on the legal rights and interests of Rong 360 shall be investigated for legal responsibility according to law. The materials and conclusions in the works are for user's reference only and do not constitute operational recommendations. To obtain written authorization, please send an email to: academy@rong360.com

    Comment list (user comments are only for users to express their personal views, does not mean that the site agrees with its views or confirms its description)
    you may also like
    • What are the benefits of asset securitization? Existential meaning  What are the benefits of asset securitization and what is the significance of its existence? The previous Xiaobian introduced the meaning of asset securitization. Now, do you want to know what is the significance of asset securitization? After collecting and sorting, Xiaobian summarized them as follows: For investment...
    • Provident fund housing loan securitization and icebreaking  Recently, the first inter-bank fundary personal housing loan asset securitization project in the national interbank market landed in Shanghai. The project was initiated by the Shanghai Provident Fund Management Center. The Shanghai Pudong Development Bank was the sole lead underwriter, bookkeeping manager and fund custodian bank with a total issued size of 6.963 billion yuan. ...
    • What should the P2P platform learn from in the case of Guohai Securities and Zhejiang Caizhi Radish Chapter?  This article is the original work of Kangaroo, the author of the 360 ​​column. It only represents the author's personal opinion and does not represent the official position of Rong 360. At the end of the year, the capital market is relatively tight, and the market is also sensitive to risk information. This is not the case in the recent bond market and internet finance...
    • RMBS registration opened the first batch of 60 billion  Personal Housing Mortgage Backed Securities (RMBS) is a long-awaited call. Recently, the first batch of RMBS issued by the central bank's registered management has been spent on construction banks and Minsheng Bank, with a total amount of 50 billion yuan and 10 billion yuan respectively. The official approval of the two banks' RMBS may indicate that...
    • What is the difference between a home mortgage and a home mortgage?  Home mortgages and home mortgage loans, a pair that looks very similar in appearance, looks like twin brothers in many people's eyes, so it's easy to confuse the two, but in fact, through the superficial phenomenon, we will find that each has its own Each character is located, two...

    Buying a house loan

    Room loan

    Loan with mortgage record

    Redemption

    Debt mortgage

    Home loan

    Home mortgage, good capital turnover

    Decoration loan

    Buying a house renovation loan