Analysis on Message Asymmetry in Securitization of Housing Mortgage
YAN Zhe, TONG Chen -xiang
DOI:10.11835/j.issn.1674-4764.2006.04.023
Received March 09, 2006,Revised March 09, 2006, Accepted , Available online July 01, 2015
Volume ,2006,Pages 90-93
- Abstract
Securitization of housing mortgage as a form of finance innovation in China develops well abroad while there are many obstacles and risks during its implementation in China.This paper discusses the message asymmetry in the risk and how to deal with it.