China Personal Housing Loan Insurance Development Study

The real estate market is a pillar industry of China's economy, from 1992 the first mortgage payment,especially since the housing reform in 1998, individual housing loans is even more effective way to stimulate the development of China's real estate market, but with with the rapid development of housing loans, loans, decreasing the threshold, the expansion of the scope of borrowers, the banking sector housing loan default risk faced by a growing problem, how to avoid the risk and spread of banks, to ensure the security of loan funds to effectively promoting the development of the real estate market, bring better benefits for the people to become critical factors. Individual housing loan insurance policy introduced, timely resolution and dispersion of credit risk borne by the banking industry. This paper to our study of individual housing loan insurance to facilitate China's financial industry and the way real estate development.This paper first from the basic functions of individual housing loans, development status, problems and other aspects of China's housing loan insurance market research, that only the good development of individual housing loan insurance products in order to effectively play its role in financial markets and housing The importance of the real estate market, I also introduced individual housing loans in foreign countries relating to insurance, described the Western countries the success of individual housing loan insurance experience, and by comparison of their individual housing loan insurance for analysis, insufficient to solve the problem. Finally, China's housing mortgage loan insurance are facing difficulties, opportunities and challenges, make the insurance product innovation and the urgency, necessity, be considered from various angles, in-depth study of innovative individual housing loan insurance and the regulation of individual housing loan insurance .