NHB has played a lead role in starting up Mortgage Backed Securitisation and development of a Secondary mortgage market in the country. NHB launched the pilot issues of Mortgage Backed Securities (MBS) in August 2000 in the Indian financial market, followed by other MBS issues cumulating to Rs.862 crore.I – A SNAPSHOT OF THE RESIDENTIAL MORTGAGE BACKED SECURITISATION PROCESS OF NATIONAL HOUSING BANK
II – NHB’S FORAY INTO THE FIELD OF SECURITSATION
III – CREDIT ENHANCEMENT TO RMBS OF BY NHB GUARANTEE