| The source of American sub prime mortgage Crisis which initiates in its domestic real estate mortgage loan triggered by a dramatic rise in mortgage delinquencies, the money market fierce turbulent, i.e. the markets of stock, bond, collect so on gold and commodity all are under the impact, and has the credit to reduce greatly, The Central Bank of European and American compelled pours the capital many times. The global financial crisis including but not limit Hong Kong affected, Hong Kong's economy has not been able to cultivate one's own moral worth, although the real estate market to enter the downward orbit once, the house price falls, business volume atrophy. The real estate cycle undulation direct manifestation is the real estate supply-demand relation change. Not only after the market supply and demand adjustment, the real estate supplies and the demand change, Hong Kong real estate market has not appeared in 1997 the financial crisis in Asia to fall suddenly the aspect, on the contrary reappears actually the froth.In experiences from handle the Hong Kong Bank real estate security work and American sub prime mortgage crisis, the exploration analyzes according to the crisis of American sub prime mortgage to the Hong Kong real estate mortgage loan market influence discussion. Through the working practice experience, around the contrast financial crisis Hong Kong Commercial bank, the processing real estate security way basic structure and the handling security principle of equality, can otherwise have the influence or the change. Now the bank processing real estate security can first consider can transfer by the owner according to or hands over reduces the debt, next the beginning considers by the reclamation and handling mortgagee sales. The mortgage contract restraint bank in Hong Kong, the Mortgagee i.e. creditor (Mortgagee) fully respond to the debtor be original owner (Mortgagor), the fulfillment should have Duty of care and with reasonable price.In regard of this the present paper has made the preliminary analysis, if can obtain any lesson from in this secondary debt initiation financial crisis, the real estate market not only is mother of the crisis, the exploration experiences US time to explode the financial crisis after the crisis, how Mainland and Hong Kong can stabilize the local real estate market from the American sub prime crisis experience and the economy, how has the essential research to discuss reaches to the reciprocal benefit win-win situation. |
