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Finance and Credit
 

Anti-crisis model of mortgage lending in Russia

Vol. 15, Iss. 7, FEBRUARY 2009

Available online: 24 August 2009

Subject Heading: Mortgage lending

JEL Classification: 

Loginov M.P. Candidate of Economic Sciences, the Urals Academy of Civil Service
port-all@mail.ru

The article emphasizes that one of the major problems of the residential mortgage lending system in the current crisis conditions in Russia is the complexity of attracting long-term resources for mortgage lending. The extremely short-term and expensive attracted resources greatly limit the possibilities of the Russian banks in case of mortgage lending. No bank is able to form their credit long-term loans portfolio, while relying on short-term sources.

Keywords: mortgage, lending, crisis, resources, banks, portfolio

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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