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宏亞按証再夥拍祥益為「租客買樓」推出「置業全方位服務」計劃將買樓及顧客服務推至另一層面



   
「本篇內容只提供英文版本」
19/02/2003

Pan Asian Mortgage affirms continuous efforts to provide financial solutions for negative equity borrowers


Pan Asian Mortgage Company Limited (Pan Asian) today (19 February 2003) reassured the market that it will continue to provide negative equity homeowners a refinancing alternative utilising new and innovative financial solutions.

"Ever since the inception of Pan Asian in 2000, we have seen growing market demands for innovative financial solutions" said Leland Sun, CEO of Pan Asian. "So far, market responses to our 140% SuperFirst Mortgage Refinancing Program ("the Program") has been encouraging and has demonstrated our commitment to providing a cost saving and practical solution to negative equity homeowners."

As at December 2002, the Program jointly provided by Citic Ka Wah Bank and Asia Commercial Bank in conjunction with Pan Asian had approved over 1,000 applications worth HK$1.3 billion.

In view of the overwhelming support, Pan Asian launched the SuperFirst Mortgage Refinancing Program - Trade Option in December 2002 which enables negative equity borrowers to trade up or down on their property depending on the individual's personal financial needs. The Company has plans to further enhance the 140% SuperFirst Mortgage Refinancing Program which will be announced shortly.

About Pan Asian Mortgage Company Limited
Pan Asian is an innovative financial services company breaking new ground in asset securitization in Asia. It is involved in the financing, structuring, servicing and securitization of residential mortgages, credit card and consumer loan receivables. Founded in 2000, the company comprises a team of financial experts with unparalleled experience in real estate finance, asset and mortgage securitization in Asia, risk management, structured finance, international debt capital markets and local market funding.

 

 
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