Two of commercial bank mortgages likely to be fully tightened

Two sets of mortgage "routines" can be Hugh the CBRC will shout stop, Jiangsu and Zhejiang Large and deep small harvest to: with a notice issued by the CBRC, Commercial Bank two suite full tightening may be in the near future.　　Our correspondent was informed yesterday that the office of the CBRC had officially issued a circular on June 22 to all the banking supervisors and banks, entitled "Notice on further strengthening the risk management of mortgage loans" (hereinafter referred to as "notice"). With a notice issued by the CBRC, Commercial Bank two suite full tightening may be in the near future. Our correspondent was informed yesterday that the office of the CBRC had officially issued a circular on June 22 to all the banking supervisors and banks, entitled "Notice on further strengthening the risk management of mortgage loans" (hereinafter referred to as "notice").　　The notice requires the banks, strictly check the second Suite Mortgage Loan review and issuance, not to explain the ' two sets of mortgage ' standard, not by any means to reduce the proportion of the first payment. However, since the beginning of the year the provincial and municipal real estate "bubble" composition, bankers expect future policy callback space will also show regional differences.　　Bankers revealed that the Pearl River Delta Branch in this round of real estate recovery in the mortgage business of water is not large, the Yangtze River Delta region Real estate market, the overall bubble of the composition of more than expected in the next two suites policy callback will be less than the strength of the Yangtze River delta. Two sets of loans will be fully tightened reporters from the notice to see, the CBRC expressly requested that "the banks shall not be allowed to use the credit system not to be networked, the purchase of a foreign house is difficult to investigate and so on to abandon the ' second mortgage ' policy, not to explain the" two sets of mortgage "criteria, not by any means to reduce the proportion of the first payment. "And for the two suite loans that have been illegally issued, the CBRC requested that" even if the loan has been classified as a normal class or concern category, the banking financial institutions should be classified, and the responsibility of those responsible for the breach of contract should be strictly investigated, and the provision of supplementary information and the responsible person will be prosecuted in time to report to the corresponding regulatory departments. "　　"In the future, commercial banks will issue two suite loans to the same lender, as required by the appeal, in addition to Kwok 131th, the" improved housing "can be referred to the first suite currently 20% down payment, 70 percent interest rate implementation, all the remaining loans will be implemented in the Silver" 2007 "No. 359, the implementation of 40% down payment, 1.1 times times the interest rate. Several commercial bankers interviewed told reporters that this is the CBRC since the Office of the State Council issued Kwok 131th, the first time explicitly required commercial banks to carry out two sets of loans. "The previous regulation has not clearly indicated how to define the second suite, in the market competition and profit growth pressure, the banks have done, and now many areas of the two-suite loan scale has far exceeded the bank's past policy tolerance limit."　　"The head of the home loan Department of a share bank confessed to reporters. It is understood that some areas of the bank mortgage loan business "false mortgage", "false down Payment", "false housing prices" and other problems abound. The head of a bank who is unwilling to be namedsaid that in some of the second suite loan operation more "crazy" local market, "by operating the same person to hang a few suites are based on the first set of standards to implement the situation is not uncommon."　　Wide-depth tightening or below the Yangtze River Delta reporters were informed that, as the current notice is still in the local banking supervision to the branches of the bank branch forwarding stage, the bank headquarters has not yet to be issued to the branch. Some of the banks that have been notified have told reporters that although the CBRC's notice pointed to clear and tough wording, in view of the current "two suites" the specific definition of the standard is still not unified, so implementation will also have a lot of difficulties. "We have not yet issued a document to the branch to tighten the business, because the standard for ' improved housing ' as stipulated in Kwok 131th is that ' the second suite per capita living area is below the local average ', which obviously has a lot of operational space. If the CBRC has no further details, it is expected that the final implementation will be difficult.　　The head of the mortgage department of one of the shares of the bank said bluntly to reporters. Some bankers told reporters that because the two-suite policy was closely related to the housing bubble, policy tightening would be greater in parts of the region where the housing bubble was clearly magnified, while in areas where some bubbles were not obvious, the correction would be slight.　　A stock-bank Personage told reporters that the current two-suite policy, such as Jiangsu and Zhejiang, has been tightened comprehensively, and its main motivation is the response of the local banking regulator to the spirit of the notice. In the notice, the CBRC also stressed that commercial banks must strengthen their judgment on the real estate situation, requiring banks to "pay close attention to the risk of the mortgage business brought by the real estate market trend, the tightness of the capital chain and the expectation of the residents." "" From our branch of the situation, the Pearl River Delta Branch in this round of real estate recovery in the mortgage business of water is not large, the Yangtze River Delta region Real estate market, the overall bubble of the composition of more than expected in the next two suites policy will be small threemonths triangle area. "A joint-stock Bank headquarters people to reporters. Our correspondent Locke