Chinese Commercial Bank's Mortgage Risk Prevention

Since 2007,The United States subprime mortgage crisis give a huge impact and change to the human social, economic and life.The commercial banks that provide the personal housing mortgage should attract enough attention to the difficulties and the resulted socio-economic problems that resulted by the personal housing mortgage loans. There are differences from the China's and the American's housing mortgage loans. For example, the United State's down payments lower than China; China have not implemented the full mortgage securities, The financial innovation and the non-performing loans are low.However, by comparing the U.S. housing mortgage market and the China's there are many similarities.For example, The banking system in general underestimated the risk of the mortgage loans; Personal housing mortgage loans depends on the rapid development of the rapid price rise cycle...