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本帖最后由 bungyjumping999 于 2020-4-5 15:30 编辑
Most Major banks in NZ
- 40% to 50% residential housing loan
- Business loan about 30%
- Other loans 10%
Reserved banks promised liquidity and buyback bonds for the banks.
Government-issued guaranteed up to 80% for business loans. ie if business fails, the government pays 80% back to the banks.
Residential loan? may be Government will move to guaranteed the loan in the event of mortgagee sale? haha..........
Government will own the property in the event of default, there is no need to have mortgagee sales. Kiwibuilt will become kiwimortgage owned by the Coalition Government.
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