Structure of MBS Securitization Overview Structure of MBS Securitization Benefits of MBS Issuance Structure MBS Securitization Trading Structure KHFC establishes a trust with itself as a trustee for the mortgage loans purchased from financial institutions to issue MBS. KHFC registers the trust to the Financial Services Commission. KHFC provides the payment guarantee to MBS investors. KHFC provides the payment guarantee for up to 50 times of the equity capital...