Research On Legal Issues Of Off-shore Mortgage Backed Securitization

As one the most creative financing innovation in 20th century , oversea mortgage-backed securitization is a new kind of transnational operational manners which started in the US in 1970s. Restricted by the factors such as economic environment, law frames, society credit bases and supervision status etc., this transnational development pattern is just beginning in China. The dissertation summarizes the mortgage-backed securitization, induces illumination after analyzing the oversea mortgage-backed securitization style in each country, brings forward the legislative suggestion for mortgage-backed securitization on the basis of the comparison between the oversea style and domestic law.This dissertation includes four chapters except Introduction and Conclusion:Chapter I Comparisons between oversea style and domestic style mortgage-backed securitization; Chapter II multilateral legislatures on mortgage-backed securitization regulation ; Chapter III problems in the procedure of mortgage-backed securitization , such as the nature of assets transfer, real sale, SPV, bankrupt ion and credits evaluation etc.; Chapter IV legislative suggestions on mortgage-backed securitization in China.The dissertation aims to be of help to the financing innovation in China by means of analyzing, inducing ,comparing and demonstrating the finance reality and mortgage-backed securitization theory.