Reported 8 months ago
On June 17, 2024, the Finance Center held discussions surrounding the issue of 'New Qing An Safe Family Housing Loan,' aiming to prevent these loans from being manipulated for speculative purposes. The Ministry of Finance instructed government-owned banks such as Land Bank and Taiwan Cooperative Bank to gather for a meeting regarding anti-fraud mechanisms, where it was agreed that borrowers should sign undertakings for 'self-occupancy' purposes. However, the Ministry sees room for improvement in the consensus reached and has called for a higher-level discussion led by general managers of public banks scheduled for Wednesday. This move suggests that post-loan management will involve more than just simple undertakings, indicating a more robust approach.
Source: YAHOO