All posts tagged "mortgage"
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356ChinaPBOC Directs FIs to Bolster Support for Shanghai Borrowers
The PBOC's Yu Wenjian said increasing lending is a key area where FIs can help Covid-hit firms to restart work and production.
May 13, 2022 -
335EnforcementHong Kong: ICAC Charges Three Over Mortgage Fraud
A property buyer and two estate agents understated the purchase price so the mortgage would be subject to a lower LTV cap.
April 28, 2022 -
411ChinaCBIRC Directs Banks, Insurers to Support Affordable Housing Projects
Loans provided to support affordable rental housing projects will not be included in the real estate loan concentration limits.
March 8, 2022 -
269Enforcement
HK ICAC Charges Property Agent With Mortgage Loan Fraud
The property agent Chiu Ka-wai applied for a mortgage loan with HSBC and falsely represented that the property was for self-occupancy.
November 1, 2021 -
226Asia-PacificBangladesh Issues Guidelines on Non-banking Asset Disposal
Banks are instructed to quickly register and then dispose of non-banking assets put up as collateral in the event of a borrower default.
September 25, 2021 -
344AML / KYCTaiwan FSC Fines Mega Bank $10mn for Fake Mortgages
Mega Bank failed to detect over 28 mortgages applications that were made by dummy accounts due to poor internal controls.
June 9, 2021 -
215China
CBIRC Warns Small Banks to Rein In Property Lending
The CBIRC will punish lenders that help borrowers to circumvent regulations prohibiting the use of business loans to buy real estate.
June 3, 2021 -
195Asia-Pacific
Bangladesh Approves Legislation Targeting Wilful Defaulters
The draft amendments formally define wilful defaulters and clarify the actions that can be taken against them, including restrictions on forming new companies.
May 22, 2021 -
203Capital / LiquidityTaiwan Central Bank Calls For Prudence in Mortgage Lending
While most Taiwanese lenders have been abiding by risk management rules, others have been less prudent, offering interest rates that are below market averages.
May 13, 2021 -
507TaiwanTaiwan Central Bank Tightens Controls on Property Lending
Taiwan central bank says the measures are aimed at curbing property hoarding and mitigating speculation by highly leveraged borrowers.
March 23, 2021
