This is a presentation by Cagamas Berhad on a case study of secondary mortgage liquidity facilities. Establishment of Cagamas Berhad Role of Cagamas Liquidity model: Purchase with recourse Impact of Cagamas on the Housing Market Funding Strategy Impact of Cagamas on the Capital Market Transformation of Business Model Purchase Without Recourse Cagamas and the Islamic Market Cagamas and the Islamic Market Adapting Facilities to Market Demand