New mortgage rules to implement the "water" in mind: Some banks have branches action

Central Bank on October 22 announced that all banks will be Oct. 27 to complete the implementation of new loans and working out the details of the public. However, when nearly a month, with the exception of the Agricultural Bank, Bank, Bank of Hangzhou and Shanghai Bank part of the network, most of the bank's head office did not mortgage the implementation of the new rules. In the face of mortgage details of the implementation of the New Deal, "the long-awaited", many of the new disc sales, and professional second-hand housing mortgage agencies, financial institutions, loans, real estate transactions as well as the institutions were buyers are some At a loss. It called for: Although the truly improve the implementation details of the new mortgage is also faced with many details of the problem, but time waits for no man. Every aspect of society to find ways to pool the wisdom of all new mortgages as soon as possible carry out the implementation details. Oct. 27: All banks quietly Reasonable, Oct. 27 is the central bank requires all banks to launch new political home of the deadline for the implementation details. However, the same day a bank there were no new action. According to the central bank's request, the day the banks will not only introduce specific rules to implement the new political home, but also at any time buyers on the issues of concern to give detailed advice and back and do a good job to explain the work of propaganda. However, in Shanghai, according to a media report said that almost all banks are "carefully drawn up, or", or "wait no longer to inform the head office of the set." When a reporter asked how it will respond to the new mortgage applications may be made by customers, the bank said that "first accept the material, to wait until after the introduction of specific rules for approval." The next concern is the media: "The introduction of mortgage when details of the implementation of the New Deal"? A bank has said: "In accordance with usual practice, the implementation details can not be introduced soon. Such as the September 2007 implementation of the provisions of the central bank sets policy concrete home, also over the last month before being released, and then the central bank And the replacement of the China Banking Regulatory Commission also made a number of measures to improve, followed by the banks before the formal implementation. " The source also said that second thought, even drew up the implementation details, there is also a "running-in process." Until that day during rush hours, reporters did not get a clear answer. Some people would like to ask the banks do not worry you? On the surface, if the Bank of static water, but is not the case. On October 27 a day, the Shanghai branch of the major commercial banks are in a tense meeting to discuss ways to implement the provisions of the enactment of the central bank, and all pay close attention to the development of their specific implementation details. Delays in the implementation details of the pending consequences are obvious: banks on new mortgage lending and approval work will be suspended; all second-hand housing and mortgage broker had to interrupt their buyers of real estate transaction to apply for mortgage business. Oct 29: The two banks taking the lead After two days of "quiet period", the Agricultural Bank of China Everbright and finally the first to break the "silence", launched its own public housing rules to implement the New Deal. October 29, Everbright Bank made the following provisions: November 27, 2008 has been paid out of commercial individual housing loans outstanding in part, buyers can be Dec. 15 to submit written applications to adjust interest rates, and then the bank Depending on the circumstances whether or not to enjoy the preferential interest rate decision. Prior to the implementation of the benchmark interest rate or interest rate to float downward (15% preferential interest rate) loans, if buyers have not made an application to lower interest rates or did not pass the examination and approval, as long as corresponding with the conditions, implementation of the benchmark interest rate will be 0.82 times the concessions. All have been issued by the commercial individual housing loans, interest rates are adjusted on January 1, 2009 from the Executive. For purchase, "the first since the second set of housing," the lending rate is provided, where a dwelling size in line with gross floor area of less than 90 square meters, the ratio was 20% down payment, loan interest rates in the benchmark interest rate cut on the basis of 30%; if The second purchase of housing (refer to the previous bank loans outstanding 1 pen), as long as the conditions in line with the down payment as a proportion of 20% in the benchmark lending rate on the basis of the interest rate drop 18%; if the purchase of a third of the suite, The first payment as a proportion of 30% of the loan do not enjoy preferential interest rates. The first of these refers to the second set of housing, the bank provides on a household basis. Comparing the central bank, China Banking Regulatory Commission in 2007 issued by the "9.27" (double bill down payment mortgages into four, the floating rate of 10%), the implementation details of Everbright concession is clear that much more. ABC to launch that day of the New Deal mortgage stress that the implementation details from the general improvement in housing and housing-general from the same non-ordinary housing difference: Where to buy for the first time since the general improvement in housing and housing-general since the minimum down payment ratio 20% of the implementation of the minimum lending rate for the same period in the same grade of 0.7 times the benchmark interest rate; purchase of non-ordinary housing, even for first-time buyers, down payment, in principle, the ratio of less than 25%. New Deal for ABC before the introduction of individual housing loans provides for the adjustment of interest rates in two ways: First, the "automatic adjustment", that is, on the initial loan in the amount of 300,000 yuan (including) more than the original implementation of the interest rate for the same period in the same grade benchmark interest rate 0.85 times that in principle the need to apply for buyers, the lending rate since January 1, 2009 from the same period for the reunification of the lower grade of the same benchmark interest rate of 0.7 times. The second is the "manual adjustment", that do not meet the "automatic adjustment" or for other reasons can not be automatically adjusted, buyers have to apply in writing in advance and approved by the bank through the examination and approval. As long as both sides agreed that the new rates are available at the January 1, 2009 began to adjust. Oct. 30: "changed" Why After 24 hours, that is, on October 30, the Agricultural Bank and China Everbright Bank has launched a sudden halt the implementation details. The two banks have made it clear that the day before the launch of the implementation details as a "try" is still "step up the amendment," the central bank will wait for concrete and CBRC further instructions re-released. On the two banks "changed" on the same day also occurred in a small episode, a media Oct. 29 reported a bank governors held a preliminary meeting agreed to launch mortgage details of the implementation of the New Deal. But the next day when reporters asked for further time, the bank suddenly this: for one reason or another led to originally drawn up in the mortgage rules on October 30 in the afternoon was canceled. There are even more surprising is that ABC will stop at the "first edition" of the implementation details of the next day, the bank re-launched the second edition of the implementation details. In other words, in just two days, the Agricultural Bank of China promulgated a breath of the two versions of the implementation details. "Changes" will inevitably give rise to all kinds of people speculated that the relevant professionals is estimated to be about 3 months of the following reasons. First, consider themselves the details of the launch of "too lenient" with the above provisions, "is not consistent"; Shanghai Second, the "ordinary and non-ordinary housing" to redefine the program has not yet introduced, and the rules must take into consideration the development of these programs can last Decision; third, may be too early to launch "may not be cost-effective," too stringent checks, then customers will Jizou; if it is too lax and not in line with policy. Nov 3: Bank released details of the implementation of the In the week between November 3, Bank of Communications to launch a formal mortgage details of the implementation of the New Deal, the bank then entered into in November after the first formal announcement of the implementation details of the bank. Shanghai due to the redrawing of the "ordinary and non-ordinary housing," the boundaries of the cross line as the implementation details of the criteria for the classification. Is the general content: the use of new customers for the first time since the general housing loan to buy the down payment as a proportion of 20% of the executable rate of 0.7 times the benchmark rate; other clients, the ratio of down payment and interest rates continue to carry out the central bank No. 359 and No. 452 document With the relevant provisions; stock lending rate customers are working on, at least until January 1, 2009 before it is implemented. It is worth noting that the firm implementation of the rules introduced at the same time repeatedly stressed that the rule is "to the policy as the criterion, market-oriented and customer-focused, risk-protection benefits for the purpose" of the development. They formulate the implementation details of both the need to protect people's livelihood, but also take into account their own business development and risk prevention. Industry analysis, cross-line or the implementation details of clearly more cautious. Since the Agricultural Bank and the Bank has to pay out of their home after the details of the implementation of the New Deal, a group of small and medium-sized banks are a bit worried. A bank vice president in talking about when he will launch when the details of implementation to complain about the media: "The big banks can not delay the implementation details, we are even more difficult to say. Under normal circumstances, we always pegged to the big banks, only slightly in the details To make amendments to it. If all the major banks in accordance with the rules of operation, the bank's small business and will be spread upside down, which can not operate the. " Small banks, and bank-related risk management, asset matching manpower should be re-adjusted so that the cost is growing. Nov 15: Some banks have branches action As of November 15, in addition to the Agricultural Bank, the Bank, other banks still seem to wait and see. It is learned that Shanghai has been the emergence of networks of individual banks to apply for loans according to the New Deal case. Such as China Merchants Bank, through a press conference the other day they announced the details of the implementation of the new political home, at the same time began issuing the new housing loans. Another major area of the bank branch has quietly launched the New Deal mortgage details of the implementation of the "Provisional Regulations" as the payment of the loan, but the head office has not yet issued rules to implement the new political home. According to several media revealed that the China Merchants Bank's implementation details of the buyers in principle to apply in advance, and then to the bank customers evaluation, according to final results of the evaluation before deciding on specific preferential rate loans. It is said that this rate will be based on the income of buyers, the situation of the house (sets), the size of the purchase, and other conditions set. According to the media revealed that one of the branches made of: buyers will be divided into different grades, and then decide what to give preferential mortgage rate. It is said that first-time buyers, only the "quality customers" are allowed to enjoy the interest rate to float downward to 0.7 percent and down into the two policies; for mortgages have been repaid, but there have been record mortgage customers, the branch will rule out the possibility of In the "first-time buyers," outside the scope. The branch that the so-called "high-quality customers," meaning at the same time to comply with the following three conditions: On payment of 750 yuan and to fund more than 1 year of age, the net assets of more than 1,200,000 yuan, a relatively stable career "and so on. As we all know, real estate trading center of the issue proved to be a first-time buyers: buyers who meet at least 18 years old, following the purchase of 90 square meters of ordinary housing, there is no separate and co-housing purchase of the three conditions. It is clear that the bank to the buyers put forward higher requirements. There are those who speculated that such distinction is likely to be the way many of the banks follow suit.