"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) -

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

The headquarters of the Corruption Eradication Commission (KPK) in 
Jakarta. (BeritaSatu Photo)
"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Friday, February 13, 2009

Indonesia determined to develop secondary mortgage market

Aditya Suharmoko, THE JAKARTA POST, JAKARTA | Fri, 02/13/2009 11:04 AM 

 I can expand on it: Bank Indonesia Governor Boediono (left) responds to journalists’ questions, witnessed by State Minister for Public Housing Yusuf Asy’ari (with hat) after the signing of a joint ministerial decree on the formation of a coordinating team on the expansion of financing for the housing sector, at the BI complex on Thursday. (JP/Ricky Yudhistira)

To help provide decent housing to low-income people and develop the secondary mortgage market, the government and the central bank signed Thursday a joint decree to boost house financing through the sales of mortgage-backed securities. 

The decree, which is signed by the Finance Ministry, the office of state minister for people’s housing and Bank Indonesia (BI), will allow banks to get quick funds from selling their mortgage claims.

State-sanctioned PT Sarana Multgriya Finansial will act as a secondary mortgage facility. With that, banks can get their money back faster, and disburse loans quicker to  people wanting to buy their house.

Under the decree, a team headed by Finance Minister Sri Mulyani Indrawati will oversee the government’s house financing policy. No details as yet have been revealed.

State Minister for People’s Housing M. Yusuf Asy’ari said the sales of mortgage-backed securities would eventually help people to get low-cost apartments.

“Many of our households haven’t lived in a decent house. The team is expected to accelerate house financing in the future,” he said.

So far, Bank BTN is perhaps the only one to give out loans for the purchases of low-cost apartments.

“The government’s total subsidy for low-cost apartments is only Rp 2.5 trillion, while we need between Rp 13 trillion and Rp 15 trillion. We expect there will be other banks besides BTN,” Asy’ari said.

Mulyani said mortgage-backed securities would help make housing sector finance more liquid.

“It will help people to get financing, and developers will get an acceptable return.”

However, she added, the team would look at the capabilities of banks and financial institutions before securitizing mortgage loans.

Mortgage-backed securities have brought down the US economy, triggering a worldwide crisis, with the securities being repackaged again and again, with questionable value in relation to  underlying assets.

BI governor Boediono said the central bank would prevent similar  conditions arising in Indonesia.

“We’ll use only prime assets. And the securitization of the assets would be in just one phase, minimizing the risks,” he said.

According to BI, as of December last year, the banks have disbursed Rp 28 trillion in loans for real estate, Rp 48 trillion for construction and Rp 122 trillion for mortgages.

Boediono said the team had not selected which loans would be used as mortgage-backed securities, but hinted that it would probably be the mortgage loans.

BI deputy governor Muliaman D. Hadad said if banks standardized their loan requirements, then the securitizing of mortgage loans would be easier.

“Now it is not standardized. The underlying assets should be fixed.”

BTN has recently issued mortgage-backed securities, the first in the country.

On Thursday, the bank listed the securities at the Indonesia Stock Exchange in two tranches: Tranche A worth Rp 100 billion and tranche B worth Rp 11 billion.

Only tranche A  can be bought by individual investors and are being traded at Rp 1 per unit to attract  retail customers. Tranche B is being reserved for institutional investors. 

BTN plans to issue another Rp 400 billion of mortgage-backed securities later this year.

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