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  1. Banks pass subprime stress test, says HKMA

    Posted Dec 20th 2007, 12:00am by Staff Reporter

    ... the hypothetical shocks,' the monetary authority said in a report. The HKMA said the major hit to the banking sector from the US subprime mortgage problem would come from the contagious effect on Hong ... a stress test on the loan portfolios of retail banks after the subprime mortgage problem arose. In a worst-case scenario, the study assumed two consecutive quarters of recession in the US, leading ...

    http://www.scmp.com/article/620232/banks-pass-subprime-stress-test-says-hkma
  2. Residential mortgage market declines in April

    Posted May 28th 2004, 12:00am by Staff Reporter

    ... CHANDRA WONG Updated at 6.18pm: The residential mortgage market was weakened in April with gross new loans down by 12.3 per cent- after recording strong growth in the previous two months, latest government statistics on Friday revealed. The Hong Kong Monetary Authority's monthly residential mortgage survey showed gross new loans in April fell to $11.5 billion from $13.1 ...

    http://www.scmp.com/article/457379/residential-mortgage-market-declines-april
  3. Property - Hong Kong & China - FINANCING

    Developers offer buyers financing to get around banks’ loan-to-value curbs

    Posted Apr 15th 2014, 03:22pm by Sandy Li

    ... mortgage Hong Kong's biggest developers are skirting around bank restrictions by offering loans to raise the mortgage ceiling up to 85 per cent of a flat's value- which could put buyers ... ratio for high-priced homes. "A higher loan-to-valuation ratio will definitely mean higher risk," said Ivy Wong Mei-fung, Centaline Mortgage Broker's managing director. Developers ...

    http://www.scmp.com/property/hong-kong-china/article/1482107/developers-offer-buyers-financing-get-around-banks-loan
  4. Improved demand lifts home loan approvals

    Posted Jul 31st 2003, 12:00am by Raymond Ma

    ... Residential mortgage approvals shot up 25.8 per cent last month as local residents returned to the property market in force after putting off shopping for flats during the Sars outbreak. ... Secondary market mortgages also rose 16 per cent to $2.3 billion. New mortgages drawn down - which lags loan approvals - rose 2.7 per cent to $5.3 billion last month. The asset quality of mortgages ...

    http://www.scmp.com/article/423339/improved-demand-lifts-home-loan-approvals
  5. Banks call time on property loan 'holidays'

    Posted Mar 21st 2008, 12:00am by Sandy Li

    ... Maria Chan and Sandy Li The Hong Kong Monetary Authority has stopped banks allowing people to delay principal repayments on their mortgages as the growing US subprime crisis raises fears that lenders are taking on too much risk. The de facto central bank asked local lenders yesterday to stop providing so-called deferred principal repayment mortgage schemes immediately. The schemes ...

    http://www.scmp.com/article/630758/banks-call-time-property-loan-holidays
  6. HK caught between investors' greed and policy-makers' fear

    Posted Sep 06th 2010, 12:00am by Tom Holland

    ... That pushed the one-month Hibor rate back to 0.16 per cent from 0.52 per cent at the end of June. With almost 90 per cent of mortgages now priced against Hibor rather than the less volatile prime lending rate, the renewed fall has ensured that monthly mortgage service payments remain attractively affordable despite the recent increase in property prices. Yet if plentiful liquidity and low ...

    http://www.scmp.com/article/724045/hk-caught-between-investors-greed-and-policy-makers-fear
  7. Anson Chan's 100pc home loan queried

    Posted Jan 17th 2008, 12:00am by Staff Reporter

    ... Eva Wu The residential mortgage lending cap of 70 per cent adopted by banks is not a statutory requirement, the treasury boss told the Legislative Council yesterday. Secretary ... discussing the 70 per cent mortgage cap later this month. ...

    http://www.scmp.com/article/623271/anson-chans-100pc-home-loan-queried
  8. US rescue needs regulation to succeed, says Yam

    Posted Mar 25th 2009, 12:00am by Staff Reporter

    ... trillion in illiquid mortgage assets and mortgage-backed securities that are hindering economic recovery in the US. 'The direction is right. The government has the responsibility to ensure ... mechanism in certain financial sectors, adding the subprime loan crisis would not recur if measures such as barring banks from lending more than 70 per cent of a property's value were enacted. ...

    http://www.scmp.com/article/674542/us-rescue-needs-regulation-succeed-says-yam
  9. HKMA adviser calls for single financial regulator

    Posted Jul 18th 2008, 12:00am by Staff Reporter

    ... of their business operations on the mainland Follow Basel Committee recommendations on dealing with the subprime mortgage crisis and revise the liquidity regime Reduce the current three-tier banking system ... the increasingly interrelated financial markets, said an independent consultant for the monetary authority yesterday. The city's banking system remained robust and relatively unscathed by the subprime ...

    http://www.scmp.com/article/645633/hkma-adviser-calls-single-financial-regulator
  10. Business - Banking & Finance - BANKING

    Hong Kong banks to undergo mortgage loan checks

    Posted Mar 20th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Banks may be required to beef up capital as HKMA steps up review after ordering increase in risk weighting for residential business Lenders to undergo mortgage loan check Banks may face a higher capital requirement as the city's de facto central bank will step up its review of their capital adequacy levels. Starting with their mortgage ...

    http://www.scmp.com/business/banking-finance/article/1195031/hong-kong-banks-undergo-mortgage-loan-checks

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