CBRC to regulate two sets of mortgage

Our second suite of loans has again become a closely watched "policy focus" by regulators. The chairman of the Banking Regulatory Commission, Mr Liu, made it clear at the CBRC's third economic and financial situation briefing that the "two mortgage" standard was strictly enforced and that the first payment ratio and the loan rate were strictly enforced.　　He stressed that investment in housing to adhere to the first Kang Gaocheng number, the interest rate of strict risk pricing and credit strict review of the principle of strict implementation and the borrower 100% "interview" "Face Sign" system, take effective measures to prevent "false mortgage", "false down payment" phenomenon. Last week, several cities reported a tightening of two mortgage policies. A commercial bank personage discloses, the CBRC recently issued a paper notice to each line, the content is warns the bank to strengthen the mortgage loan risk management.　　The paper points out that recently some areas of the real estate market fluctuations, real estate credit, especially in the mortgage business, such as "fake mortgage", "false down Payment", "false Price", "two sets of mortgage" standard relaxation and other issues also began to be exposed. A commercial bank credit department related Personage said, the CBRC document requests the commercial bank to insist the loan standard, the strict borrower qualification examination, the prudent assessment borrower risk, determines the reasonable loan interest rate.　　Does not have the credit system not networking, the place buys the house to be difficult to investigate and so on abandons "two sets of loans" the policy restraint, may not explain "two sets of loans" the determination standard, may not by any means reduce the proportion of the first payment in disguise.　　On the specific interest rate of the two sets of mortgages, the person said that the CBRC documents did not reiterate the "two-room interest rate floating 10%" provisions, but asked the banks "to strictly implement the State Council on the promotion of the healthy development of the real estate market".　　Another state-owned commercial Bank spokesman told reporters that the recent indeed received a regulatory risk, involving mortgage loans, personal finance, bank cards and so on, but this is the normal regulatory tips, has not heard of specific policy adjustments, but only the strict requirements of banks to implement the relevant provisions.　　According to the reporter understands, at present many commercial banks to the two suite loan policy implementation policy principle is: The Purchase second house loan interest rate by the commercial bank on the base interest rate base based on the risk reasonable determination, but the loan down payment must be at least 40%. From a number of commercial banks in the housing sector and the intermediary market, said the current banks of the two suite loan policy is small differences, some only to the VIP customers to carry out 70 percent interest rates, some can give 75 percent, 72 percent of the interest rate, but most banks in the down payment ratio has been implemented at least 40%.