Magno-Ballesteros, Marife; Dulay, Daisy - 2013
-backed securitization (MBS) to expand housing finance to the underserved market in the country. Despite the risks of securitization, as … facilitate and promote housing finance. The international best practices show that efficient securitization can be established … that needs to be avoided, that is, the use of securitization as a tool for balance sheet arbitrage instead of funding and …