我国商业银行住房抵押贷款证券化实践探析--以“工元宜居2021-6”为例论文

1、我国商业银行住房抵押贷款证券化实践探析-以“工元宜居2021-6”为例论文 摘 要 随着我国资产证券化市场的日渐发展壮大，我国的住房抵押贷款证券化发展虽然历经了十几年的成长与发展。不过我国的住房抵押贷款证券化普及率水平和规模不大，这是相对于发展较成熟的美国等其他国家的贷款抵押市场而言的，因此在未来的住房抵押贷款证券化市场的发展空间和前景有望扩容。 因此，本文以"工元宜居 2021-6'为入手点，以"资产证券化'这一金融创新工具为出发点，运用多种分析方法，通过对"工元宜居 2021-6'产品的发行情况、基础资产概况、市场状况、财务状况以及发行

2、主体工商银行的情况等探析我国实行住房抵押贷款证券化的可行性和稳定性，阐释尚且存在的问题矛盾，有利于在未来为各商业银行信贷资金的规模和源头进行扩展，也为强化住房抵押贷款的流动性、降低风险增加安全系数提供帮助，对于实现住房金融的良性循环具有积极影响和正面意义,也为商业银行住房抵押贷款证券化日后成为证券市场的一种成熟的中长期投资工具提供了有效辅助。 关键字：资产证券化,住房抵押贷款证券化,商业银行 本科论文 abstract with the increasingly development of asset securitization market in china, chinese mbs d

3、evelopment while it took more than a dozen years of growth and development. compared with the relatively mature development loan market in other countries such as america, china"s mbs rate remains low, the securitization of housing mortgage loan market in the future development space and prospe

4、ct is expected to increase. therefore, based on the gongyuan habitable 2021-6 as the breakthrough point, draw lessons from asset securitization is a financial innovation tools as a starting point, using a variety of analysis methods, through the gongyuan habitable 2021-6 product distribution situati

5、on, the underlying asset situation, market situation, financial situation and the situation of the industrial and commercial bank of issuers and analysis our country executes the feasibility and stability of the securitization of housing mortgage loan, interpretation of the problems and contradictio

6、ns, to help in the future is to enlarge the source of credit funds of the commercial banks, in order to enhance the safety and liquidity of housing mortgage loan to help, it has positive influence and significance to realize the virtuous circle of housing finance, and also provides an effective medi

7、um and long-term investment tool for the securities market. key words: asset securitization, mortgage-bank securitization, trade bank 目 录 前 言 . 1 1 研究综述 . 2 1.1 论文框架 . 2 1.2 本文主要研究方法 . 2 1.3 本文的不足与创新点 . 3 2 住房抵押贷款证券化的内涵及推行进程 . 4 2.1 资产证券化与住房抵押贷款证券化的相关 . 4 2.1.1 含义 . 4 2.1.2 关系 . 4 2.2 住房抵押贷款证券化的发展状况

8、 . 5 2.2.1 国外发展背景 . 5 2.2.2 国内发展背景 . 5 3"工元宜居 2021-6'个人住房抵押贷款证券化案例分析 . 2 3.1 工元宜居 2021-6 项目梗概和发行情况 . 2 3.1.1 项目概览 . 2 3.1.2 机构交易概况 . 2 3.2 基础资产状况 . 4 3.2.1 基础资产特征 . 4 3.2.2 入池资产特征 . 5 3.3 财务分析 . 7 3.3.1 总资产与资产负债率 . 8 3.3.2 营业利润率与 roe . 9 3.3.3 流动比率与速动比率 . 9 4 商业银行住房抵押贷款证券化的问题 . 10 4.1 个体角度存在的问题 . 10 4.2 整体角度存在的问题 . 11 5 商业银行住房抵押贷款证券化问题的相关对策 .