FEATURES OF THE MODERN MORTGAGE LENDING SYSTEM IN THE RUSSIAN FEDERATION

Abstract

The article examines the process of mortgage lending in the Russian Federation, which, according to the authors, contributes to increased competition between market participants, which allows to optimize and im-prove the banking mechanism, reduce inflation and increase customer focus on banking products. It is noted that the use of the tool not only improves the social situation, but also contributes to additional activities in the construction sector, financial, insurance market, thereby increasing the investment attractiveness of the coun-try as a whole. The understanding of the term, the relationship with financial and economic relations, as a collaboration: a bank, a borrower, a financial institution is presented. The principles of housing mortgage lending and their implementation in the conditions of the Russian market are disclosed. The classification, types of mortgage lending, orientation and programs, taking into account the differentiation of clients, interest rates and social orientation, are generalized. The second part of the article is devoted to hedging risks and the reasons for their occurrence as a result of inconsistency with the nature and scale of the credit institution's activities, the requirements of the current legislation and violations in the banking sector.