Visions
SMC aims to be a leader in the development of secondary market for housing
mortgage financing,and also in the development of the Thai capital market with
efficient and effecitve management under good corporate governance and social responsibility principle.
Missions
SMC will promote the development of secondary housing mortgage financing by:
1. Promoting the growth of the primary market of housing loans by
purchase/investment in housing mortgage loans of financial institutions in
order to enhance liquidity to and reduce financing risk of financial
institutions which operate in the primarymarket.
2. Promoting the development of Thai capital market by the securitization of
housing mortgage loans in order to channel funds from the capital market into
the housing mortgage loan market, and to issue Mortgage Backed Securities (MBS)
and otherfinancial instruments in order to provide for additional investment
alternatives to theinvestors, and at the same time to reduce funding mismatch
problem of financial institutions.
3. Enhancing people’s ability to apply for long-term fixed rate mortgage
financing by the continuous issuance of financial instruments which would be
the benchmark of reference interest rate for the housing loan market.