Free Trial

Regulators Warn Banks Over Mortgage Pre-payments -


Under pressure from regulators, banks have begun accelerating the administration of mortgage prepayments and opened up previously “hidden” application channels, according to The Banking and Insurance Regulatory Commission (CBRC) and the People's Bank of China (PBOC) warned banks in February to adhere to contractual rights of buyers to pre-pay mortgages. With the steady recovery of the economy and the improvement of the rate of return on residents' assets, the issue of prepayment is expected to be alleviated. However, with the transformation of the real estate market to a new development model, banks who have become over-reliant on real estate loans will face challenges, the news outlet said.

MNI Beijing Bureau |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.