新的降温措施? 新闻有报吗?

skyship

新的降温措施? 新闻有报吗?

看了好像连外国的贷款也会算进去，要回去算算我会不会被影响到了。

MAS Introduces Debt Servicing Framework for Property Loans

Singapore, 28 June 2013 … The Monetary Authority of Singapore (MAS) willintroduce a Total Debt Servicing Ratio (TDSR) framework for all property loansgranted by financial institutions (FIs) to individuals1.  Thiswill require FIs to take into consideration borrowers’ other outstanding debtobligations when granting property loans. They will help strengthen creditunderwriting practices by FIs and encourage financial prudence among borrowers.

2   MAS will also refine rules related to the application ofthe existing Loan-to-Value (LTV) limits on housing loans.  Theserefinements seek to ensure the effectiveness of the LTV limits that were put inplace to cool investment demand in the housing market.  In particular,they aim to prevent circumvention of the tighter LTV limits on second andsubsequent housing loans.  

Introduction of TDSR framework

3   MAS conducted a thematic inspection of banks’ residentialproperty loan portfolios in 2012.  While banks generally had in placesound policies to assess the credit worthiness of borrowers, the inspection andsubsequent surveys revealed uneven practices with respect to the application ofdebt servicing ratios and highlighted areas for improvement in credit underwritingpractices.

4   The TDSR framework will provide FIs a robust basis forassessing the debt servicing ability of borrowers applying for property loans,taking into consideration their other outstanding debt obligations.  FIswill be required to compute the TDSR, or the percentage of total monthly debtobligations to gross monthly income, on a consistent basis.2

5   The coverage of the TDSR framework will be morecomprehensive than FIs’ current practice.  The TDSR will apply to loansfor the purchase of all types of property, loans secured on property,3 andthe re-financing of all such loans.4
  
6   The methodology for computing the TDSR will bestandardised.  FIs will be required to:

·        take into account the monthlyrepayment for the property loan that the borrower is applying for plus themonthly repayments on all other outstanding property and non-property debtobligations of the borrower;

·        apply a specified medium-terminterest rate or the prevailing market interest rate, whichever is higher, tothe property loan that the borrower is applying for when calculating the TDSR;5

·        apply a haircut of at least 30% toall variable income (e.g. bonuses) and rental income; and

·        apply haircuts6 toand amortise the value of any eligible financial assets taken intoconsideration in assessing the borrower’s debt servicing ability, in order toconvert them into ‘income streams’ in computing the TDSR.

7   FIs will be required to verify and obtain relevantdocumentation on a borrower’s debt obligations and income used in thecomputation of the TDSR.

8   MAS expects any property loan extended by the FI to notexceed a TDSR threshold of 60% and will regard any property loan in excess of a60% TDSR to be imprudent.7 The threshold is set at 60% for astart to allow both the FIs and borrowers to familiarise themselves with theTDSR framework and its computation methodology.  MAS will monitor andreview the 60% threshold over time, with a view to further encouragingfinancial prudence.      

Refinement of rules related toapplication of LTV limits

9   MAS will refine certain rules related to the applicationof the existing LTV limits on housing loans granted by FIs.  Inparticular, MAS will require:

·        borrowers named on a property loan tobe the mortgagors of the residential property for which the loan is taken;

·        “guarantors” who are standingguarantee for borrowers otherwise assessed by the FI at the point ofapplication for the housing loan not to meet the TDSR threshold for a propertyloan to be brought in as co-borrowers; and

·        in the case of joint borrowers, thatFIs use the income-weighted average age of borrowers8 whenapplying the rules on loan tenure.9

Measures for the long term

10   The new rules will take effect from 29 June 2013.

11   The TDSR framework and refinements to the rules relatingto the application of LTV limits are structural in nature, and will be in placefor the long term. They aim to encourage prudent borrowing by households andstrengthen credit underwriting standards by FIs.

12   They do not involve changes to the LTV limits on housingloans themselves, which were last tightened in January 2013 as part of thegovernment’s package of measures to promote stable and sustainable conditionsin the housing market.10 The current LTV limits are notpermanent, and will be reviewed depending on the state of the property market.

13   Please refer to the FAQs on MAS’ website for furtherdetails.

刚刚收到HSBC的email，好像existing 的loan 也中，信用卡分期也有。

DearValuable Customers

Withthe new announcement made on 28 June 2013, all loan application must beassessed via income proof.
Pleaseallow me to outline some general information for your perusal.

Anoverview of the new guideline:
==================================>
        1.        Medium interestrate of 3.5% is used for calculation of the current application against theresidential property
       2.        The application must metTDSR (total-debts-servicing ratio) of not more than 60%.
       3.        In the event that the creditbureau detected any debt obligations, proof of debts are required for banks toinput the monthly instalment  
                      example of debts obligation:      Housing Loan, Car loan,Outstanding credit card bill, Secured Term Loan/ Personal Loan /
                                                                     nsecured Instalment Loan/ UnsecuredRevolving Overdraft / Revolving Credit Card
                   It is thus, important thatcustomer clear any outstanding debts obligation to ensure that TDSR can be met.
       4.        30% haircut - for allvariable and rental income
       5.        Income-Weighted approachwhen calculating the loan tenure

Donot hesitate to contact us for further assistance.
Lookingforward to be further service.

binson

上个月的事了咯....

skyship

binson 发表于 12-7-2013 02:50 PM
上个月的事了咯....

我慢三拍咯，新加坡人要卖掉新山的屋子了。

tckiat_5700

有报道，天狗兄努力着清坛，贵人事忙，看不到很正常的。

Foojee

tckiat_5700 发表于 12-7-2013 03:24 PM
有报道，天狗兄努力着清坛，贵人事忙，看不到很正常的。

是天狗还是天船还是偶眼花

我是笨女人

tckiat_5700 发表于 12-7-2013 03:24 PM
有报道，天狗兄努力着清坛，贵人事忙，看不到很正常的。

這艘是船來的 不是狗

tckiat_5700

Foojee 发表于 12-7-2013 03:51 PM
是天狗还是天船还是偶眼花

我我我。。。。老了。。。  +1

magnumao

天狗 天船 傻傻分不清楚

tckiat_5700

我是笨女人 发表于 12-7-2013 03:59 PM
這艘是船來的 不是狗

天船，天狗，傻傻分不清楚。。。
满脸灰土，下摆的被羞辱。。。

tckiat_5700

magnumao 发表于 12-7-2013 04:18 PM
天狗 天船 傻傻分不清楚

心有灵夕，还一样的话哦。

kcchiew

skyship 发表于 12-7-2013 02:58 PM
我慢三拍咯，新加坡人要卖掉新山的屋子了。

应该不会影响到以前的贷款，对吗？

skyship

tckiat_5700 发表于 12-7-2013 03:24 PM
有报道，天狗兄努力着清坛，贵人事忙，看不到很正常的。

有吗？真的没看到，

skyship

kcchiew 发表于 12-7-2013 04:44 PM
应该不会影响到以前的贷款，对吗？

MAS昨晚新闻有说，不会影响其他的贷款，例如车贷和信用卡贷，不过银行若认为必要，是可以把车贷和信用卡贷作为评估的一部分。

HSBC就已经实行了。

skyship

kcchiew 发表于 12-7-2013 04:44 PM
应该不会影响到以前的贷款，对吗？

以前的房贷是肯定中，我上面提过了，

  It is thus, important thatcustomer clear any outstanding debts obligation to ensure that TDSR can be met.

HSBC写的。