Title :
Notice of Retraction
Risks of personal residential mortgages to commercial banks and preventional measures
Author_Institution :
Sch. of Econ. & Manage., Zhengzhou Univ. of Light Ind., Zhengzhou, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Personal residential mortgage is a common financing form for residents to buy houses. But there are many risks for commercial banks. The main risks come from real estate developers, borrowers or debtors, their own internal management and other aspects. Hongkong´s successful experience can be referred to. At the same time, some preventional measures should be taken: to control risks from real estate developers and housing projects, to perfect personal credit rating system, to strengthen the internal control in commercial banks, to realize securitization of personal residential mortgages, to perfect the disposition system of secured properties and to establish risk warning mechanism of personal residential mortgages.
Keywords :
mortgage processing; risk management; commercial banks; financing form; personal credit rating system; personal residential mortgages; risk management; Indexes; Law; Loans and mortgages; Marketing and sales; Risk management; borrowers; personal residential mortgage; preventional measures; real estate developers; risks;
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-61284-108-3
DOI :
10.1109/ICBMEI.2011.5918010
