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住房抵押贷款证券化(Mortgage-backed Securitisation简称MBS),是指住房抵押贷款发放机构(如商业银行)将其持有的抵押贷款汇集成抵押贷款组合(即资产池,是拟证券化的标的),出售给特殊目的公司(一般是政府成立的专门机构或信托公司)
Mortgage-backed Securitisation (MBS) refers to the mortgage-backed portfolio (ie, asset pool, which is the subject of securitization) mortgaged by mortgage-backed institutions (such as commercial banks) , Sold to special purpose companies (usually government-owned specialized agencies or trust companies)