Chain home financial model four suspense financial suspected of capital pool-jkforum

Chain of home finance mode four suspense: financial capital pool financial chain suspected mode four in the "chain of suspense in the teeth of the storm storm continues to ferment. Yesterday, there was news that the chain family group Shanghai housing and financial products have been offline. In response, the chain home financial response said that the current chain of Shanghai is temporarily not undertake new financial services, once the verification is completed, the chain home will resume the service as soon as possible. Beijing Business Daily reporter visited the survey found that the chain home loan business and financial services in Beijing are in the normal operation. But the chain of home financial pool, self guarantee, loans, high leverage risk and "housing through" funds opaque four major issues remain suspense. The financial business is still the chain of home finance official yesterday responded to the Beijing Daily reporter in Beijing, the Shanghai chain home just does not undertake the new financial business, to focus on the work process in the existence of brokers to conduct a comprehensive verification of violating the operating behavior business process specification. Once the verification is over, the chain will resume the service as soon as possible. The financial services being processed are not affected. Beijing Business Daily reporter yesterday visited the survey found that the chain of finance Beijing district financing, lending business continues to carry out, but there are many doubts. In the chain of financial services, including "family treasure" and "regular treasure two products. In the opinion of analysts, the "regular treasure" has the problem of unclear capital flow and suspicion of capital pool. Beijing Daily reporter yesterday to experience the "family treasure" and "regular treasure two products, after registration, the need for identity authentication and bind the bank card can invest in the two products. Financial capital pool suspected Beijing Daily reporter on the experience, as investors, these two products investment agreements are signed and the chain of home real estate and financial guarantee letter agreement, and not directly and the borrower signed an agreement. But also by the borrower and the chain of home real estate and financial guarantee letter signed an agreement. Net loan home chief analyst Ma Jun believes that such a practice shows that the chain home as a credit intermediary role, rather than simply the information intermediary. Lending should be qualified, but the current chain of home financing has not obtained the relevant financial lending license. At the end of last year and the CBRC issued the "net loan rules" draft net loan platform will be positioned as a pure information intermediaries, not to increase trust services, may establish a pool of funds. At present, a turbo and regular treasure is not two independent financial products, the chain of home finance released some scattered investment standard, while the latter is used for a chain of home finance launched financial tools preferred automatic purchase of turbot. It is reported that investors buy regular treasure, within the period of financial management, the repayment of the principal investment will be recycled until the end of the investment. In addition, the "regular treasure" products borrowers and investors there is a certain margin. For example, the investor interest rates in the "regular treasure service agreement" in 6.4%, and borrowers in the "loan guarantee agreement" and the interest rate is 6.48%, spreads 0.08%. Chain of home finance official explained, "a regular treasure will configure multiple" family treasure "standard, but" regular treasure "and" family treasure "of the period is not too much of a theory

链家金融模式四大悬疑:理财涉嫌资金池   链家金融模式的四大悬疑   处于风口浪尖的“链家风波”仍在持续发酵。昨日有消息称,链家集团上海地区房源与金融产品均已下线。对此,链家理财回应称,目前上海链家只是暂不承接新的金融业务,一旦核查结束,链家将尽快恢复该项服务。北京商报记者走访调查发现,链家北京地区贷款业务以及理财业务均在正常运作。但链家金融的资金池、自担保、贷款高杠杆风险以及“理房通”资金使用不透明四大问题仍存悬疑。   金融业务在京仍开展   链家理财相关负责人昨日向北京商报记者回应称,目前上海链家只是暂不承接新的金融业务,目的是集中精力对作业过程中经纪人是否存在违反业务规范流程的操作行为进行全面核查。一旦核查结束,链家将尽快恢复该项服务。正在办理中的金融业务不受影响。   北京商报记者昨日走访调查发现,链家金融北京地区理财、放贷业务继续开展,不过其中的疑点重重。   在链家理财业务中,包括“家多宝”和“定期宝”两款产品。而在分析人士看来,其中的“定期宝”存在资金流向不明问题以及资金池的嫌疑。北京商报记者昨日体验了“家多宝”以及“定期宝”两款产品,在注册之后,需要进行身份认证以及绑定银行卡便可以投资这两款产品。   理财涉嫌资金池   北京商报记者在体验中发现,作为投资人,这两款产品的投资协议都是和链家地产以及中融信担保签订的协议,并没有和借款人直接签订协议。而借款人也是通过和链家地产以及中融信担保签订协议。网贷之家首席分析师马骏认为,这样的做法表明链家充当了信用中介的角色,而不是单纯的信息中介。放贷要有资质,而目前链家理财并未获得相关金融放贷牌照。   而银监会于去年底发布的“网贷细则”征求意见稿将网贷平台定位为纯信息中介,不得提供增信服务,不得设立资金池。   目前来看,家多宝和定期宝并非两款独立的理财产品,前者为一些链家理财发布的投资散标,而后者为一款链家理财推出的用于优先自动购买家多宝的理财工具。据悉,投资人购买定期宝后,在理财期限范围内,投资的回款本金将循环投资直到结束。   除此之外,“定期宝”的产品借款人和投资人存在一定的利差。比如,投资者在《定期宝服务协议》中的利率是6.4%,而借款人在《借款及担保协议》中的利率却是6.48%,存在0.08%的利差。链家理财的相关人士解释,“定期宝”会配置多个“家多宝”标的,但“定期宝”和“家多宝”的期限不太一致,资金会存在空档,而这时定期宝会持续进行计息,息差就是来补这部分空档期的收益。   在分析人士看来,定期宝产品容易出现期限错配,涉嫌资金池问题。网贷资深专家李子川表示,由于不是投资人与借款人的直接对接,交易信息极不透明,难以判断资金流向,会存在资金池风险,这需要监管方面对平台出具更大的约束力。   对于资金池的质疑,链家理财相关负责人回应称,不管是借款人资金还是投资人的资金都是托管在第三方支付机构,在监管政策没有完全落地之前,他们一直在往合规的方向调整。   闭环模式下的自担保   在链家金融的闭环模式中,中融信担保公司扮演了重要的角色,该公司在承担发放贷款职责的同时,还为链家理财端的项目提供担保。   据链家理财官网显示,链家理财平台用户的账户资金在易支付进行托管,账户资金受央行监管,同时中融信担保公司实地征信,并且进行风险保证金的先行赔付。   北京商报记者查询全国企业信用信息公示系统发现,中融信担保公司成立于2006年,法人代表为左晖,即链家董事长。该担保公司的惟一股东为北京链家房地产经纪有限公司,中融信作为担保端,为平台端链家理财的全资子公司。对此,马骏表示,这样的做法涉嫌自担保。   最新的网络借贷新规“十二禁”中提到,网络借贷信息中介机构不得从事或者接受委托从事向出借人提供担保或者承诺保本保息。   值得注意的是,工商信息显示,中融信担保公司的经营范围是“经济合同担保(不含融资性担保);经济贸易咨询”。中融信担保公司是否具有为理财平台担保的资质?李子川认为,银行放贷不会与这类经济合同担保公司(不含融资性担保)公司合作,P2P属民间借贷范畴,理论上也不可以,不过由于监管存在空白,事实上很多非融资性担保公司从事这块业务。   首付贷存高杠杆风险   北京商报记者看到,在链家理财平台上发行的“家多宝”产品中,有不少项目的用途是凑齐购房首付,而这无异于放大购房贷款的杠杆,不仅与房地产调控政策相悖,更加大了购房者的压力,放大了风险。   例如,北京地区二套房目前要求50%的首付比例,那么一套400万元的房子首付部分应当为200万元,杠杆只有一倍,而如果购房者原有的房屋能贷出150万元,实际缴纳资金只有50万元。   首付贷大幅降低了购房者的门槛,限购政策、银行差别化信贷政策等控制过度杠杆的“防火墙”被轻松逾越。按照近期上海、深圳等地的行情,把房子买下来拿几个月就能获利几十万元。业内人士表示,链家的这种做法,类似于去年股市的配资,给了本就火热的一线楼市房地产加高了杠杆。在不出现房地产系统性风险的情况下,风险可控,但一旦发生系统性风险,可能会造成巨大的危机。对购房者而言,如果未来收入下降,或房价下跌预期形成后出现抛盘,势必将蒙受损失。   理房通存违规嫌疑   北京商报记者还注意到,作为链家金融闭环中的重要一环, “理房通”也被指违规。据悉,理房通是链家旗下定位于全国房屋资金担保支付的第三方支付平台,获得央行颁发的“支付业务许可证”。据其官网介绍,理房通主要负责买卖双方在房屋交易过程中涉及的定金、房款、物业交割保证金、经纪公司服务费等所有资金安全。   同时,理房通通过对买家的房款进行监管保护,在买卖双方过户完成后再进行解冻支付。大量购房者将首付款或定金放入该第三方支付账户,事实上形成大量沉淀资金。早在去年8月就有人对链家理房通以及托管的房款去向产生质疑,而理房通则回应道,链家客户的房款受央行监管,任何人不得挪用。   对于理房通的做法,李子川表示,理房通的牌照资格是互联网支付,对外宣称提供房屋资金“监管”和“财富管理”服务,同时又称自身为房屋资金“担保”支付平台,其并不具备监管、财富管理、担保这样的资格。事实上,所有的支付机构并没有监管权限,从本质上来说只是提供网络端的资金清结算服务,理房通在业务开展与宣传上有违规嫌疑。   北京商报记者 崔启斌 岳品瑜 刘双霞 程维妙 文 胡潇 制表   2006年   融信按揭(北京中融信担保)成立――为理财业务提供担保和借款服务   2014年   链家理财上线――成立家多宝、定期宝产品向投资人募集资金   2015年   理房通开始运营――为买家房款提供资金存管 进入【新浪财经股吧】讨论相关的主题文章: