the benefits of securitisation and the preconditions required for developing a mortgage-backed securities (MBS) market.

the benefits of securitisation and the preconditions required for developing a mortgage-backed securities (MBS) market.

Read the attached case and answer the corresponding questions below. Please limit your total response to no more than 3 pages, no reference is needed. Mortgage Securitisation in Hong Kong and Asia
Questions:
1. What are the benefits of securitisation?
2. Discuss the preconditions required for developing an MBS market.
3. Was the HKMC’s venture into MBS products a timely one?

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