Second, property lending structure shall be adjusted to improve the operation mechanism and build a diversified, multi-tier and competitive institutional framework of real estate financial market. Third, public service system for the real estate financial market shall be established and continuously developed.
Efforts need to be made in speeding up the construction of individual credit information system, building market risk early warning system and statistics index system and imposing information disclosure practice. 3. Establishing policy real estate financial institutions to guide the development of the market. Without the secondary market in place, commercial banks incur great liquidity risks of mortgage loans.