The Chinese financial regulatory department is reported to be considered to provide a buffer period for buyers who have stopped housing repayment for the housing repayment to alleviate the tide of loan suspension.Risks to the real estate industry.notA person familiar with the matter was quoted on Monday (July 18) that the bank will temporarily put on the judicial prosecution for the suspension of the housing loan for buyers of the bad -tail building, and the credit reporting of the home buyers will not be affected during the buffer period.The specific width period will be adapted to local conditions, and local governments and banks will be determined by the project.notThe loan buffer helps to appease the pessimism of the buyers and the short -term restoration of the market for the industry. It will also strive for time for real estate developers to maintain market confidence.notCited another person familiar with the matter revealed that the Chinese regulatory authorities have requested the China Construction Bank to explore the pilot to cooperate with the eligible local governments to set up funds, purchase part of the real estate project under construction and convert it into public rental housing to alleviate the risk of real estate.China Construction Bank is the largest bank in real estate mortgage loans in the country.notPeople familiar with the matter are reluctant to name it because they have not been authorized to comment.The China Banking Regulatory Commission and the China Construction Bank did not immediately respond to the request of Bloomberg's sought for comment.notSpan> China's property market has continued to be low this year. Data released by the National Bureau of Statistics last Friday (15th) showed that the real estate development investment, commodity housing sales and sales in the first half of the year fell.Hundreds of real estate owners have recently stopped paying mortgage due to the "rotten" of the real estate suspension, which worsen the snow market that is weak.not The China Banking and Insurance Regulatory Commission responded to the "bad tail building" to stop loan storm through the Bank of China insurance on the evening of the 17th, promising to promote the work "more powerful", including guiding banks to promote the project to resume work as soon as possible, and to do everything possible to promote it."Inspection of delivery".And emphasized that after the owner's suspension of mortgage incidents in a real estate in Jiangxi at the end of June caused public opinion, the China Banking Regulatory Commission attached great importance to strengthening cooperation with departments such as the Ministry of Housing and Construction, the Central Bank and other departments, and supporting the localities to promote the "preservation of intersections, protecting people's livelihood, insurance guarantee, insurance guaranteeStable "work.
