From the theory and operating mechanism of the housing mortgage loan - securitization, the paper analyzes the practical meaning of the housing mortgagesecuritization idea.
Prepayment greatly affects the mortgagesecuritization. There are many researches in this field abroad. Currently our banks are also bothered by the increasing prepayment behavior.
提前偿付风险极大地影响着住房贷款证券化的定价和运作，因此国外对该方面的研究投入了大量的精力。
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Having analysed the running mechanism of securitization, this paper puts forward several proposals on trying out housing mortgagesecuritization in combination with the current situation of China.