Regulatory Alerts2002-12-20
Added · Updated
The 70% guideline on residential mortgage lending
The Hong Kong Monetary Authority issued this circular on 20 December 2002 to establish a 70% loan-to-value ratio guideline for residential mortgage lending. The regulation applies to all authorized institutions and aims to manage credit risk in property mortgage lending. This document serves as a foundational policy that has since been superseded by subsequent refinements to property mortgage lending requirements.
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