Regulatory Alerts2003-02-07
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.
CIR
Current
Issue Date:
07 Feb 2003
20030207-1-EN.pdf (128.7 KB)
Topic:
Credit Risk Management - Property mortgage lending
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Directly related Document
Cross referenced Document
Version History
Superseded Document
You may also be interested in
CIR
Current
23 Sep 2022
Property Mortgage Lending
CIR
Current
14 Jun 2024
Refinements to property mortgage lending requirements
CIR
Current
29 Oct 1999
Refinancing of Residential Mortgage Loans