Chopper off the mortgage open the door to real estate speculators

 Chopper: false mortgage open the door to real estate speculators
chopper note: Stew, Mr. Crane has been engaged in financial work, have long noted that fake mortgages and mortgage notes off between skyrocketing housing prices and promote the inherent relationship. To this end, the crane had repeatedly called Xiang cracking down on fake mortgages and ways to crack down on fake mortgage. now full board the following turn, I hope to attract enough attention to the financial supervisory authorities.
ability of Chinese counterfeiters I am afraid that the world no one can.
Since December 2009 the central government real estate sales tax from two years to adjust for five years and will be strictly two suites down payment to 40% after the emergence of China Real Estate a brief period of silence, but then, the Chinese people suddenly made a profound ability to force false, the State Department just issued the regulation and control policy and financial regulatory policies to resolve the invisible, false mortgage again sweeping the country, which gradually began to drive prices again higher.
marveling over, I am sad and frightened heart abnormalities: If you let this go off the mortgage once again rampant, prices soared and soon to be crazy, the Chinese economy will soon collapse!
China's current false mortgage has the following basic features:
one, to avoid the down payment to 40% of the limit and enjoy the preferential interest rates to fall 30%, a large number of real estate developers and real estate speculators or to small and medium cities the acquisition of rural areas in the city is not the identity cards of people who bought real estate to purchase. Some real estate people use other people's identity cards for real estate, will require the ID card I made a written power of attorney and the like, the surface real estate person is authorized to use their ID cards for the card I buy a house, but in reality is my ID card to provide their people to buy real estate for real estate speculation, private real estate people will give me some material ID reward. In this way, because I did not purchase history, identity cards, real estate people can not only enjoy the down payment as low as 20% of the first treatment, but also can enjoy a 30% interest rate to float downward treatment.
Second, more than 90% income buyers who proved to be false proof of income. because a lot of real estate people are without a stable income and stable jobs for people, and its acquisition to the identity and I was a low-income or rural residents under the Small and Medium Cities residents, it is impossible to match the mortgage loans provide proof of income (in Beijing, on the basis of current prices, buyers who provide a monthly income of at least 2 million more proof of income, in order to meet bank regulatory requirements). But Currently, over 90% of buyers who provide proof of income proof of income were false. Can you believe that a group of remote rural areas of Shandong a monthly income of farmers can be more than 20,000 yuan RMB? Do you believe that a near collapse in Hubei the work of a group of state-owned enterprises in the monthly income of ordinary workers can reach 30,000? You can only believe that a just turned 18 years old young man graduated from high school to have 25,000 yuan monthly salary? This is similar to the proof of income mortgage commercial banks in China loans abound, all commercial banks in China for proof of income mortgage loans more than half are false proof of income, especially since the end of 2009 has more than 90% of all false proof of income proof of income. mortgage loans the false proof of income, simply can challenge the imagination of most people in China.
Third, the purchase of the main and off-site of the displaced persons. At present, housing demand high prices have been completely abandoned, ordinary working-class had to give up buyers expect. can purchase a lot of people in big cities as part of his occupation is not more stable, or no proper job, is a full-time real estate people. In the absence of a stable job or career is very unstable and, therefore, generally are the lack of stable sources of income. In addition, most overseas buyers who are residents or have never lived long commercial city, which also includes lending a false identity card purchase, the identity of the buyers loan may never have not seen their names in the commercial register. These buyers provide proof of a considerable number of the professional hairdresser, individual businesses, small private owner, etc., all belong to you is hard to find the kind of people. These people provide proof of income for most of their own issue, with strong randomness.
four face execution as a sign on behalf of a considerable number of bank staff and even the buyers who have not seen the face. Since last year, the CBRC to strengthen the management of mortgage loans, requiring commercial banks for mortgage loans, and buyers must adhere to the double interview, and the sign face legal text. However, to date, a considerable number of commercial banks for mortgage loans or a lawyer interviews with buyers, and the sign face. some commercial banks to loan even after the employee has not met with the buyers. the credit risk of the control completely entrusted to the lawyer, is no different from the flock to Wolves go tube. lawyers to get more business commission, did not take seriously the risk of banks.
five cut-throat competition among commercial banks within, have to relax regulatory requirements as an important means of business development. At present, commercial banks to grant more loans to create more profit, launched a vicious competition. especially by small and medium sized commercial bank based, have introduced a considerable number of so-called innovation altogether than the can be said that a considerable number of mortgage loans is not the same is true, the first payment may be false, identity card may be fake, proof of income may be fake, career may be false, buyers may be false, signatures may be false. the only true that only banks issued mortgage loans to be true. It is precisely because the prevalence of a large number of false mortgage and long-term presence, thus becoming China's skyrocketing housing prices push the culprit. and from China financial regulatory point of view, never to leave the mortgage is defenseless, completely useless.
prevalence of false mortgage again, will become the eventually destroy the financial system across China, will also destroy the cornerstone of China's economic growth.
Original: false mortgage open the door to real estate speculators