The Study of Mortgage Securitization - From Bank Managers'''' Viewpoints, and the Effect on Bank Business Risk

碩士 === 朝陽大學 === 財務金融系碩士班 === 88 === The Study of Mortgage Securitization - From Bank Managers'''' Viewpoints, and the Effect on Bank Business Risk This study employs factor analysis to investigate Taiwan banks managers'''' viewpoints on mortgage sec...

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Bibliographic Details
Main Authors: Ta-Chun Lin, 林大鈞
Other Authors: Tsoyu Calvin Lin
Format: Others
Language:zh-TW
Published: 2000
Online Access:http://ndltd.ncl.edu.tw/handle/71907956867275241803
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Summary:碩士 === 朝陽大學 === 財務金融系碩士班 === 88 === The Study of Mortgage Securitization - From Bank Managers'''' Viewpoints, and the Effect on Bank Business Risk This study employs factor analysis to investigate Taiwan banks managers'''' viewpoints on mortgage securitization in Taiwan. Survey sample contains 974 branch managers of 7 Provincial Banks. The empirical findings can be summarized as follows: 1. Regarding bank management, managers consider that mortgage securitization can reduce business risk and increase profitability. 2. Concerning the other related complementary measures, managers conclude that an objective appraisal system is necessary, and the systems of mortgage guarantee, insurance and trust to stimulate investors interest on MBS before securitization are desirable. 3. Mortgage securitization can raise banks'''' capital adequacy and current ratio. In sum, this research suggests that the authorities may accelerate mortgage securitization to increase the efficiency of financial institutions and markets for economic growth.