The Study Of Commercial Banks’ Improvement On The Design Of “Reverse Mortgage” And Risk Response

In recent years our country old age dependency ratio increased year by year and the gap of old age pension is increasing. "Reverse Mortgage" model was introduced as a new way to solve the problem of pension in China. Although the commercial banks have government’s encouragement, their enthusiasm is not high. This study focuses on commercial banks’ improvement on the design of “Reverse Mortgage” and design risk sharing mechanism to help commercial banks to solve the problem of risk response. The aim is to ensure "Reverse Mortgage" implemented smoothly in our country and reduce the government’s financial pressure in old-age security.This thesis is supported by six main parts:Part1: Introduction of content. It illustrated the background, the purpose of the article. It introduced the meaning of "Reverse Mortgage” and summarized the research status both at home and abroad for “Reverse Mortgage”, then it pointed out the thesis research ideas and innovations.Part2: This chapter is the theoretical basis. It mainly introduced the characteristic of the “Reverse Mortgage” and the theory of which support the “Reverse Mortgage”.Part3: It mainly stated that "Reverse Mortgage" is the most promising ideas in "house-for-pension" in China. First it summed up the main factors why the domestic existing pattern has failed to improve the design of “Reverse Mortgage” and then it analyzed the prospects of “Reverse Mortgage” in China.Part4: This chapter mainly asked that commercial banks should continue to improve and promote "Reverse Mortgage" business. Put forward ideas for improvement on the business by confirming commercial banks’ role in the "Reverse Mortgage" model.Part5: The chapter mainly introduced the risks of commercial banks in “Reverse Mortgage”. Research on the risk types which prevented commercial banks to participate in the "Reverse mortgage" business. Find the risk source to generate strategy for risk response.Part6: The sixth chapter aimed at putting forward counterm easures of risks. Put forward risk sharing mechanism between commercial banks and insurance company base on game model and demand-supply model. Make proposals for their risk response.