The Analysis Of Factors Influencing Individual Housing Mortgage Debt Default

In recent years,commercial banks' personal housing mortgage business has expanded rapidly and is still maintaining a rapid growth trend.At the same time of rapid business development,lender defaults have become increasingly prominent,and the rate of non-performing loans has begun to rise,making it more difficult for banks to personally mortgage their loans.In view of the economic crisis caused by subprime loans in the United States in 2008,how to properly manage personal housing mortgage loans has become the top priority of risk control.To control and control personal housing mortgage loans,the first thing is to evaluate the lender's default risk through the characteristics of the lender.Only by roughly determining the default risk of the lender can we further rationalize the personal housing mortgage loan.Faced with the constant adjustment of the real estate market and more stringent risk management requirements,commercial banks need to estimate the default risk of lenders in advance,effectively control and evade risks,and evaluate the risk management effects of individual housing loans in a timely manner.This will help protect the bank's personal home mortgage business income and enable banks to continue to develop effectively.What factors may have a significant impact on the default risk of personal housing mortgage loans in China? A large number of traditional economic studies have confirmed that many factors will affect the risk of loan default,including the lender's own factors,the loan repayment period and other factors as well as the macroeconomic environment.However,with the development of behavioral economics in recent years,people have paid more and more attention to the influence of individual layers on the economy,such as the study of cultural values.Many scholars have confirmed that the cultural values and cultural dimension coefficients at the national and enterprise levels will significantly affect some economic indicators.Therefore,this paper focuses on whether the cultural values at the individual level will have an impact on the default risk of personal housing mortgage loans.Based on the research on personal housing loans,this paper uses the personal housing mortgage loan of a bank in Guangzhou as a data source to find new variables such as the industry prospects and cultural factors of the borrower,and through empirical analysis,Whether these variables have some influence on the risk of default.This paper gives the following policy recommendations after obtaining conclusions through empirical tests.First,before issuing a personal housing mortgage loan,the bank must understand the basic situation of the borrower.In addition to understanding the basic conditions of the borrower,the bank must also obtain the value of each cultural dimension variable of the borrower.Therefore,the risk of the mortgage loan is more comprehensively evaluated;secondly,on this basis,the post-lending management plan is formulated in a targeted manner to strengthen the post-loan management of the loan.Only in this way can the risk of loan defaults be significantly reduced,thereby protecting the interests of banks and borrowers,maintaining economic stability,and avoiding the great harm to society caused by the financial crisis caused by the banking crisis.