住房抵押货款证券化作为一种金融创新兴起于二十世纪七十年代初的美国,取得了巨大的成功。也成为我国政府、金融机构关注的热点。本文从SPV的基本内涵入手,主要分析了我国实行住房抵押贷款证券化的适合模式。 Mortgage-backed securitization, a financial innovation that emerged in the United States in the early 1970s, has been a huge success. It has also become the focus of attention of our government and financial institutions. This article starts with the basic connotation of SPV, and mainly analyzes the suitable mode of China’s housing mortgage loan securitization.