Game Analysis on the Feasibility of Housing Insurance of Residential Mortgage Loan

摘要

Under the condition of asymmetric information, by constructing a game model between the bank and the borrower as well as other creditors of the borrower, not only analyses the feasibility of implementing the current housing insurance, but also points out various factors effecting the improvement of the said feasibility. In addition, by referring to the ripe experiences of other countries, it also puts forward some practical solving countermeasures, such as the transformation of the insurance model for residential mortgage loan, the enhancement of the performance of insurance proceeds, and the improvement of the relevant law and regulations, in order to promote a healthy and orderly development of China's real estate market.