Research on Operating System of Asset Backed Securitization[J]. Journal of Civil and Environmental Engineering, 2002, 24(5): 90-94. DOI: 10.11835/j.issn.1674-4764.2002.05.019.
with the sustained and rapid development of economy in China
the capital support is needed for the real estate industry. However
the healthy development of China's real estate was obstructed by the limitation of traditional financing ways. So the Asset-Backed Securitization (ABS) becomes a new feasible solution to this problem. In this paper
the primary conception
functions and the development of ABS overseas are introduced. Then the attention to the operating models
operating procedures and legislation environment is focused. Finally
the practical condition for application of real estate securitization in China is analyzed and relevant countermeasures are put forward.