2009•Journal of Jiaying UniversityRequires access
The Thinking of Housing Mortgage Loan Business in Commercial Banks of China with the Background of Sub-prime Mortgage loan Crisis
Li Cheng
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Abstract
In 2007,the sub-prime mortgage loan crisis which bursted out in the United States shocked its financial world and even reshuffled all the sectors.A large number of commercial banks and investment banks have been effected.Drawing lessons from the crisis,the author has analysed the commonness of housing mortgage loan both in United States and in China,and puts forward what the commercial banks in China should learn from the crisis.