Structure of MBB Securitization Overview Structure of MBB Securitization Benefits of MBB MBB(CB) securitization transaction structure KHFC issues MBB(CB) with the mortgage loans as collateral, which are transferred from financial institutions. KHFC registers the collateral assets(cover pool) to the Financial Services Commission. MBB(CB) investors hold the statutory priotiry right over the cover pool, which are collateral of the MBB(CB). (I.e, their rights to the collateral precede over the rights of other creditors.) KHFC issues MBB for up to 50 times of the equity capital.