In the United States, mortgage securitization is the full participation of the government, the establishment of government-led special purpose vehicle, the operation of market-oriented manner, government regulation, market-based securitization model.

In the United States, mortgage securitization is the full participation in the government, and the establishment of the government-dominated by special-purpose vehicles, and the mode of operation is that the government regulation and control of the securities market in Transition mode.

In US, the housing mortgage loan securitization is under government's comprehensive participation, sets up the government leading the special goal carrier, according to the marketability way operation, is market securitization pattern which the government regulates.

In the United States, housing mortgage loan securitization was established with the full participation of the Government, Government-led special-purpose carrier, operate according to market, is a model of government regulation of market of securities.

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