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Main Page FAQs By Division Strategic Management Statutory Bodies Division What is meant by securitisation of housing loans?
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Government housing loan securitisation is a method in whereby the flow of repayments of loans granted by the Government to its employees will be recovered by the Government in a short period of time. The Government sells the repayment stream (stream of income) collected from government employees who make loans to an appointed company (Cagamas Berhad) and obtained the proceeds of sale in advance from the company appointed through bonds issued by that company.

Last Updated on Friday, 30 March 2012 21:14
 

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