Possible usage of foreign practice of mortgage lending in Russia

Author:

Ushakov Denis,Stepanova Diana,Ermilova Mariia

Abstract

The article compares the mechanisms of mortgage lending in Russia and abroad, examines how the methods of German mortgage lending can be applied in Russian practice. The possibility of using the German credit product “Bausparsumme” in Russia and its impact on the riskiness and profit of Russian banks are investigated. the aim of this work is to compare mortgage lending in Russia and abroad and to examine how the methods of the German mortage lending can be transferred to Russian, in particular its vital to investigate the impact of such product on the riskiness and profit of Russian banks.

Publisher

EDP Sciences

Reference12 articles.

1. Chan N. Hang, Handbook of Financial Risk Management: Simulations and Case Studies. (Wiley Handbooks in Financial Engineering and Econometrics, 2013).

2. Crouhy M., Galai D., R. Mark, The Essentials of Risk Management. (McGraw-Hill, 2014).

3. Jorion P., Financial Risk Manager Handbook (McGraw-Hill, 2014).

4. Pinkowish T. J., Residential Mortgage Lending: Principles and Practices (Cengage Learning, 2013).

5. Heffernan S., Modern Banking (Wiley Finance, 2006).

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