Monday, November 21, 2011

Russian banks are reluctant to engage in mortgage lending

Russian banks are reluctant to engage in mortgage lending

The Russian banking sector has increased dramatically the number of proposals for the sale of portfolios of mortgage loans.



Small banks, without sustainable access to "long" money, trying to solve liquidity problems by selling the mortgage note market participants.

The main reason why the banks want to get rid of the mortgage portfolio, is an unstable situation with liquidity.

Experts note that in the near future the number of participants in the mortgage market will be reduced by half.
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At the same time, we recаall, in Ukraine began to issue mortgage loans more than last year.

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