Thoughts About The Flaws And Improvement Of Mortgage Insurance In China

Comparing with the yearly rising of individual housing loans in our country, consumption crediting and house marketing have just started. Our country launched the first mortgage insurance in1992in order to resolve the risks and drawbacks of the housing mortgage loan. Even though30years has past, it has exposed lots of problems which cannot be widely accepted by the public.Considering about the current situation and problems of mortgage insurance, this paper has found out that the mortgage insurance of foreign countries has well developed while the researches and practices started to pay more attention on it after1990’s in China. But our country’s researches about mortgage insurance still have shortages.Applying literatures and using some methods (theoretical analysis, comparative study, data analysis) to identify, analyze and resolve problems is this paper’s innovation. First, we find the defects of mortgage insurance. Then, the writer give detailed analysis on these flaws with the successful experiences of foreign countries. At last, this paper give the suggestions of how to improve this insurance which not only is the beginning of research on improving mortgage insurance in specific ways as well has benefit on developing China Housing Security System.This paper can be divided into five parts:Chapter1Find Issues. Raising backgrounds, purposes and significances of this paper and making reviews about past researches about mortgage insurance, writer give her research’s contents and methods, this thesis’s innovation and logical framework.Chapter2Analyze Problems. According to the definition of mortgage insurance and the status of our mortgage insurance, writer elaborate the defects of our mortgage insurance in three areas:single product, design flaws and defects of policy and marketing. Chapter3Analyze Problems. From the perspective of analyzing and solving problems, writer introduce the way how foreign countries solve the three areas of defects we elaborated in chapter2in terms of the successful experience of foreign countries. In order to know how to design our mortgage insurance, writer make a form to compare features of insurances in foreign countries.Chapter4Solve Problems. Writer has made the specific design and improvement of mortgage insurance in China and then give her policy suggestions and prospects on it by combining our country status with successful experience of foreign countries.Chapter5Conclusion. Summarize this paper, then followed by the flaws of it.