The Bank provides a 70 % mortgage.
a mortgage that is subordinate to a first mortgage.
Mortgage Interest Subsidy Scheme Unit
mortgage-to-income ratio [MIR]
monthly mortgage subsidy
private residential mortgage lending
deed of equitable mortgage
In the second phase, the HKMC securitises the mortgages into Mortgage Backed Securities (MBS) and offers them for sale to investors.
In 2000, the MIP was expanded to cover mortgage loans with a loan-to-value ratio from 85 per cent to 90 per cent.
Since its commencement of business in October 1997, the HKMC has proceeded smoothly with its Mortgage Purchase Programme.
The HKMC launched a back-to-back MBS Programme in October 1999.
mortgage default case
We are also making good progress in promoting fixed rate mortgages.
On the Features of Mortgage and Its Legislation--Taking Commercial Housing Mortgage as an Example;
On Legal Attribute of Mortgage and Choice of the Legislative Mode of Mortgage in China;
They were in arrears with their mortgage, so their home was repossessed.
Mortgage Refinance Calculator - Should I do a Mortgage Refinance?
The HKMC's business is being developed in two phases.