Asset securitisation although a complex part of structured finance within banking is an important part of building Gen' consumer home loan book. 

Securitisation is the process by which securities are created by a special purpose entity (SPE) and issued to investors with a right to payments supported by the cash flows from a pool of financial assets held by the SPE. Securitisation increases the availability of credit by converting non-tradable financial assets (home loans) into securities that can be issued to investors and traded on capital markets. The division of the payment rights into “tranches” paid in a specific order and supported by credit enhancement mechanisms provides investors with exposure to diversified credit risks tailored to the investor’s particular risk appetite. Securitisation has been an alternative funding source for consumer and mortgage lending in many mature market economies for decades.