Securitisation as a financing mechanism to promote housing in the low-to-moderate income sector

M.B.A.The aim of this study is to investigate whether the economic, policy / regulatory and market environments are conducive for the introduction of securitisation as a medium to attract capital to be deployed in the financing of housing in the low-to-moderate income sector. The objectives of this study are: To motivate a narrowing of the Credit Gap — the unavailability of suitable finance for houses between R20 000 and R60 000. To encourage the creation of an environment where holders of capital will be comfortable in investing such capital in housing finance and the borrowers would be willing and able to repay loans obtained for housing needs. To encourage the coming together of all stakeholders in the low-tomoderate income sector with a view to jointly addressing the problem of South Africa's housing backlog