Which is more important, mortgage or risk control?

When it comes to borrowing, we can't help but talk about risk control measures and guarantee measures. Risk control is a set of procedural and systematic risk control means or guidelines; The so-called mortgage is usually used as a means of risk mitigation in lending. The following explains the importance of mortgage and risk control respectively.

Risk control: From the microscopic point of view, risk control can be said to be the core of lending business. For borrowers, the traditional lending process is divided into three steps: before lending, during lending and after lending, and each step will be divided into several subtle points. In short, 100 borrowers will have 100 different means of risk control. The purpose of risk control is to minimize possible risks and ensure the benign development of lending institutions. From a macro point of view, risk control is reflected in the whole process of the operation of borrowing institutions. For example, whether there are loopholes in the operation of credit business, whether the daily position is sufficient, and the impact of national macro policies on the borrower industry correspond to operational risk, liquidity risk and systemic risk. To control these risk factors well, it is necessary to control them with changeable risks. The risk control that can completely eliminate risks is not risk control, but divine control.

Mortgage: Mortgage is one of the most direct guarantee methods that the domestic credit system has not yet been established, but now it is simply and rudely used by the borrowing institutions as the standard for deciding whether to borrow, and some swords are biased. In practice, the standard of borrowing does not mean that you have collateral. The first consideration is what you will use to pay back the money when the loan expires, and the second consideration is what is the purpose of your loan. After these two aspects are determined, the corresponding collateral will be supplemented as a guarantee measure to determine whether to borrow money in the end. This will lead to the problem of collateral value. At present, the scope of collateral is mainly real estate and cars, and real estate in first-and second-tier cities is the best, with small price fluctuations and relatively large liquidity. Automobile mortgage is characterized by a small amount, convenient disposal, and the circulation scope can be extended to the whole country. The biggest risk of mortgage is that the value of collateral is seriously depreciated and it cannot cover the loan exposure.

After introducing the mortgage and risk control respectively, I believe you will see the relationship between them. The risk is controlled above the mortgage, which is only one of the effective risk mitigation measures for domestic loans at present. In the future, with the continuous establishment of the credit system, mortgage guarantee will gradually fade out. Mortgage is fixed, and risk control measures are constantly developing. In the future, the level of loan structure still needs innovation in risk control measures.