Chapter III problems in the procedure of mortgage-backed securitization , such as the nature of assets transfer, real sale, SPV, bankrupt ion and credits evaluation etc.

• 第三章详细论述了离岸资产证券化运作中的法律问题,主要包括资产转让的性质、真实销售问题、特殊目的载体(SPV)的设立及破产隔离、信用增级和信用评级等问题;