【作者】 刘凤连；

【导师】 黄泽民；

【作者基本信息】 华东师范大学 ， 金融学， 2005， 硕士

【摘要】 改革开放之初我国实行福利分房制度,随着经济的不断发展,住房制度有了本质的改变,传统的福利分房转向住房分配货币化,1998年底,中国百姓彻底告别了住房实物分配体制,只能依靠自身的经济实力实现“居者有其屋”的梦想。房地产业和金融业出现了前所未有的紧密合作关系,个人住房贷款业务迅速发展起来。2004年更被金融界人士称为“房地产金融年”,在个人住房抵押贷款规模扩大的同时,风险也不断的显露,其表现就是违约比率上升。“假按揭”现象不断出现,严重扰乱了金融市场和金融秩序。房地产市场具有周期性,并且贷款期限长,每笔贷款数额小,贷款人分散,这对习惯批发业务的我国商业银行来说是一个挑战。 个人住房抵押贷款最初起源于19世纪的英国,到20世纪初已经作为一种主要的住房金融工具在欧美国家得到广泛发展,因而国外学者对这一领域风险的研究也比较深入和成熟。本文在介绍国外成果的同时,也介绍了我国目前在此领域的研究现状,并提出了不足之处。 笔者用实证分析的方法结合风险分析的原理,站在贷款人主要是各大商业银行的角度,从阐述个人住房抵押贷款及其风险的概念开始,引出我国个人住房抵押贷款业务发展的现状,一个主要的现象是个人住房抵押贷款的违约率呈逐年上升的趋势,且违约具有时滞性,即个人住房抵押贷款业务出现了风险,在分析了我国个人住房抵押贷款存在的各类风险及其产生原因后,笔者对症下药,给出防范和化解这些风险的措施或者建议:创新个人住房抵押贷款产品、建立完善的信用制度、建立个人住房抵押贷款保险制度以及实施个人住房抵押贷款证券化。通过本文的层层论述,笔者期望能为我国经营个人住房抵押贷款业务的各大商业银行提供一些有意义的思考。更多还原

【Abstract】 At the beginning of the implement of reformation and ope ning policy, people of our country lived the house through the welfare of the government. 1998, the government decided to change the policy on housing because of the increase of population. From then on, real estate and finance cooperated with each other firmly, and individual housing mortgage increased quickly, the finance field named 2004 "real estate finance year". But, some problems and risk appeared while the housing mortgage is development, such as "fake housing mortgage", these kinds of problem disturbed finance market seriously. Real estate market is one market that has periodicity, individual housing mortgage has the following characteristics: long term, small amount, and lenders multiplicity. So it is a big challenge lor China commercial banks that are familiar with wholesale operations.Individual housing mortgage appeared in the finance field in Great Britain in nineteen century, it is one of important housing finance instrument in Europe and America at present, so the theory about analysis and prevention of risk is mature. This article introduces foreign theories and domestic theories on analysis and prevention of risk.This article includes four parts: first, the author gives the significance of writing this article, and indicates the advantage and disadvantage of the article. Then define individual housing mortgage and risk, in the third part, the author introduces six kinds of risk in detail: credit risk, guaranty risk, liquidity risk, interest risk, inflation risk and other risk, discusses the reason that risk arises, the reason arise from two aspects, one is the administration of commercial banks, the other is the constitution of economy. Finally, the author gives four methods to prevent the individual housing mortgage from risk: design new products on individual housing mortgage, build up perfect individual credit system, constitute insurance policy of individual housing mortgage and implement mortgage-backed securitization.更多还原