Monographs/Information Papers
Published Date: 18 November 2021

Residential Mortgage Pricing and Disclosure Practices - Observations and Supervisory Expectations from Thematic Inspections

MAS conducted thematic inspections on the residential mortgage pricing and disclosure practices of large mortgage lenders over 2020 and early 2021. The paper highlights good practices observed from the inspections, and sets out MAS’ supervisory expectations in the areas of (i) transparency; (ii) consideration of customer’s interests; and (iii) accountability and product governance over the mortgage lending business.