美国次贷危机与我国住房抵押贷款证券化的重新审视  

American subprime crisis and China housing mortgage loaning securization’s reviewing

作　　者：王立争[1] 

机构地区：[1]天津商业大学,天津300134

出　　处：《特区经济》2009年第10期278-279,共2页Special Zone Economy

基　　金：作者主持的天津市社科规划项目<住房抵押贷款证券化法律规制研究>(TJFX08-044)的阶段性成果

摘　　要：美国次贷危机的深层机理在于,由于住房抵押贷款证券化的中间作用,银行、证券投资者放宽了对次贷债务人信用和偿债能力的要求,导致次贷市场盲目扩大,一旦证券化操作存在漏洞,次贷市场崩溃就是必然的。由此给我国的启示是,必须尽快完善证券化立法,确保拟证券化的资产为优质资产,信用加强和信用评级也不能流于形式。The huge promoter action of mortgage-back ed securitization is the underlying causes of the subprime loan crisis in American. The bank and investor lowered the credit claim, sub-prime loan was expanded indiscriminately. The revelations are securitization law should be perfected quickly and the credit enhancing and rating should be well implemented.

关 键 词：次贷危机 住房抵押贷款证券化 风险防范 

分 类 号：F837.12[经济管理—金融学] F832.4F293.3