Under the license of the Financial Regulatory Commission, the Mongolian Mortgage Corporation (MIK) has pooled and purchased mortgage loans issued by banks and issued residential mortgage-backed securities (RMBS) with a total value of MNT 612 billion and a maturity of up to 30 years.
This 38th RMBS covers mortgage loans for a total of 5,986 households, of which:
Banks have informed these borrowers that their mortgage loans have been transferred to MIK by sending SMS messages, updating the loan account descriptions, and noting it in the transaction remarks.
Under the license of the Financial Regulatory Commission, the Mongolian Mortgage Corporation (MIK) has pooled and purchased mortgage loans issued by banks and issued residential mortgage-backed securities (RMBS) with a total value of MNT 612 billion and a maturity of up to 30 years.
This 38th RMBS covers mortgage loans for a total of 5,986 households, of which:
Banks have informed these borrowers that their mortgage loans have been transferred to MIK by sending SMS messages, updating the loan account descriptions, and noting it in the transaction remarks.
