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Financial Analytics: Science and Experience
 

Problems and prospects of housing mortgage lending system in Russia

Vol. 6, Iss. 11, MARCH 2013

Available online: 23 March 2013

Subject Heading: MONETARY POLICY

JEL Classification: 

Korosteleva T.S. PhD in Economics, Associate Professor of Department "Management", the Samara State Aerospace University named after academician S.P. Korolyov (the National Research University)
korosteleva75@mail.ru

Problems and prospects of mortgage lending system development in Russia are analyzed in the article. The statements of the Strategy for Development of Housing Mortgage Lending in the Russian Federation until 2030 and Federal Targeted Program "Housing" were defined as prospects of system development. The possibility of achieving objectives in the key indicators stated in the documents is estimated. The weaknesses and the factors that hinder the mortgage lending system development in Russia are revealed, recommendations for increasing the effectiveness of the whole system are given.

Keywords: Key words: system, housing mortgage lending, prospect; target indicator; borrower; mortgage market; securitization; indicator of housing affordability

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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