CBRC hints at risk two sets of mortgage unspoken rules remaining

Recently, the news of two sets of mortgages tightened again.　　Media reports said the CBRC recently issued a "notice on further strengthening the risk management of mortgage loans" (hereinafter referred to as notice).　　According to reports, the notice reiterated to strictly abide by the original policy of two sets of loans, clearly require banks to strictly check the second suite of mortgage loan review and release, the request must not explain two sets of home loan standards, not by any means to reduce the proportion of the first payment.　　Yesterday, the reporter visited a number of commercial banks in Beijing found that most banks still in accordance with the down payment 40%, interest rate cut about 30% of the two set of loans to carry out standard operation, but also some city commercial banks to reach a down payment of 40%, interest rate of 60 percent preferential repayment standards.　　A joint-Stock Commercial Bank Credit Department account manager said that the bank for two of the operation of the mortgage business, the implementation of a down payment of 40%, the rate of 70 percent of the loan standards, but also in accordance with the customer's repayment record is good, and according to customer professional measurement of personal qualifications to determine the actual operation of "We will be flexible in the credit situation of different customers."　　"A bank industry insiders said that the current Beijing's commercial banks to implement the loan standards are not large, the banks according to the specific situation of the purchase of two sets of mortgage standards, the first purchase area of not exceeding 140 square meters, but also in accordance with the different geographical location of the purchase of the total price to determine. Huaxia Bank Beijing Branch president Fu Xingfung in an interview, said that the branch has not received specific notice, to wait until the head office of the provisions of the notice to formulate relevant measures and then issued to the branch, this period will take some time.　　At the same time, the reporter to Beijing, a number of commercial banks retail business department staff to verify that they have received the notice did not make a clear statement, and said that the current or compliance with the previous policy standards.　　This year, in the housing market rapid warming, bank credit institutions and developers secretly implemented their own privately formulated "preferential policies", the second or even the third set of loans can still play 70 percent has become a bank mortgage "unspoken rules." A local CBRC official said the CBRC reiterated that the two-suite mortgage loan review and issuance is from the security of bank credit assets, mainly to circumvent the bank's credit risk, avoid the rise in default rate and mortgage assets, property too much problem.