2003-02-07

Added · Updated

Residential mortgages in negative equity

The Hong Kong Monetary Authority issued this circular on 7 February 2003 to address credit risk management regarding property mortgage lending. It provides guidance to all authorized institutions on handling residential mortgages where the loan balance exceeds the property value. The document outlines regulatory expectations for monitoring and managing these specific credit exposures.

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Hong Kong

Hong Kong Monetary Authority

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