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The Research On Building Housing Mortgage Loan Insurance System

Posted on:2004-09-05Degree:MasterType:Thesis
Country:ChinaCandidate:M MinFull Text:PDF
GTID:2156360092993358Subject:Regional Economics
Abstract/Summary:PDF Full Text Request
With the development of housing industry, the transaction of housing mortgage loan has been on the increase annually and its potential risk is high. To reduce the risk of housing mortgage loan, the author proposes that it is imperative to perfect housing mortgage loan insurance and to build a system of housing mortgage loan insurance.There are a lot of problems in the existing housing mortgage loan insurance in China. In this thesis, the author tries to explore how to build a feasible system of housing mortgage loan insurance, which accord with the situation of China, based on the domestic conditions and overseas experience. Especially the housing mortgage loan insurance of government credit guarantee-bonding system is primarily discussed to build.The following four sections are included in this thesis to discuss how to build the system of housing mortgage loan insurance.The first part is a summary of housing mortgage loan insurance. First, the concept of housing mortgage loan insurance is given, and three kinds of housing mortgage loan insurance are categorized to clarify its meaning. Secondly, the risks of housing mortgage loan are analyzed. It is proposed that most of the risks must be reduced by housing mortgage loan insurance. Finally, the feasibility of developing housing mortgage loan insurance in China is derived.In the second part the housing mortgage loan insurance system of US, Canada, France and the U.K. are introduced and analyzed in two perspectives. On the one hand, the general situations of housing mortgage loan insurance system in these four countries are introduced respectively. On the other hand, two different modes are given to characterize them.The third part is a research on designing the system of housing mortgage loan insurance in China. Based on the current situation of Chinese housing mortgageloan insurance, a comprehensive system of housing mortgage loan insurance, which caters for the different consumers' demands for insurance, is put forward by the author. This system includes: housing mortgage loan insurance institution of government credit guarantee for the denizens of humble income and general income; commercial housing mortgage loan insurance institution of having diversiform insurance fashions for the denizens of general income and booming income; and bonding institution of government credit guarantee for promoting housing mortgage loan to securitization.The last part discusses primarily on how to build bonding system. The author proposes that it is vital to put bonding system into practice, and that the domestic housing bonding companies should be separated into three forms. Aiming at these situation, some advices are given to build bonding system: building a nationwide housing bonding institution; revising corresponding law regulation to legalize bonding system; setting down the corresponding manipulative criterions by an empirical approach; building suitable financing system; strengthening the management of the bonding institution and risks prevention.
Keywords/Search Tags:housing mortgage loan, insurance, system
PDF Full Text Request
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