我国住房抵押贷款证券化必要性及可行性分析

通过对我国住房分配货币化、发展房地产金融市场、商业银行规避抵押贷款风险三个方面的分析，论述了我国推行住房抵押贷款证券化的必要性，并从房地产权利关系丰富、明晰、住房消费的启动和基金介入住房抵押贷款二级市场、政府可深度参与、国外先进做法及我国证券积累的经验四个方面论证了我国推行住房抵押贷款证券化的可行性。

Analysis About Necessity and Availability of Mortgage-Backed Securitization in China

For demonstration of necessity,the paper analyses the monetarization of housing distribution,development of real estate financial market,Commercial Bank freed from mortgage risk;Of availability,the richness,clearness of real estate right-relation,the setting-out of housing consumption and fund intervention into the secondary mortgage market,government participation in it to a high degree,alien advanced technic and native security-market experience.