Guangyuan City Housing Provident Fund And Credit Risk Management Study

Housing accumulation fund system is an important move of China's urban housing system reform. As a policy of housing finance system, after 16 years'steady development, it has played an important role in changing housing distribution system, improving workers'purchasing power, and promoting house construction and consumption.Housing fund management center as an operation and management agencies, performs a very useful role in providing fund loans to help vast numbers of low-income obtain housing funds. However, housing fund management center is not a financial institutions, it is far from being perfect as a bank in risk prevention. The practitioners lack of risk prevention capacity and experience. As a result, loan risk management becomes a weak link and important aspect in housing fund management. With expansion of fund scale and extension of loan, real and potential risk in housing fund management center accumulates. Once the loss occurs, large number of housing accumulation fund deposit people's immediate interests will be directly affected.This paper deals with the loan risk management in housing fund management center of Guangyuan city. After studying on credit operation in the center and collecting relative data, the paper classifies the loan risk into systemic risk and non-systemic risk to the high rate of overdue loans. Focusing on the analysis of overdue loans, it points out that the main risk is non-systemic risk, particularly, credit risk and operational risk. This paper tries to build a local housing accumulation fund risk early warning mechanism and borrowers'credit assessment system. Meanwhile, innovation of housing accumulation fund loans and repayment methods, perfecting the mechanism of housing loan insurance, maximum credit risk prevention are discussed.The paper's research results have a certain guiding significance in strengthening the loan risk management of Guangyuan housing fund management center.