Housing Fund Of Funds Operation Risk Management Program Design

Practices the housing common reserve fund system is the important content andthe center link of the cities housing system reform. But because the housing commonreserve fund system is an emerging system, it establishes the time to be short, theservice development also is summarizing and in unceasingly the exploration carrieson, and therefore all has certain risk in the housing common reserve fundmanagement and the use. These risks mainly have the operation risk, the policy andthe legal risk, the bank risk, the credit risk, the interest rate risk, the mortgage risk andso on, does not favor the housing common reserve fund system the healthydevelopment, has restricted the housing reform deepening, has harmed people's vitalinterest. Therefore, in view of these risks, mainly must from reform andconsummation internal management mechanism, the consummation common reservefund individual mortgage policy and the way, the few governments intervenes,establishes individual credit system, the strict individual mortgage management,consummation common reserve fund laws and regulations, construction risk aspectsas soon as possible and so on policy melt mechanism carries on the risk management.