The volume of MHL (Rb 905,935bn) extended within three quarters of 2013 exceeded by 29% the volume of loans extended in the respective period of 2012. With growth in lending volumes, a decrease in the overdue debt on MHL extended in rubles to 1.15% of the outstanding debt as of October 1, 2013...

According to the data of the Central Bank of the Russian Federation, in January-August 2013 Rb 784,924bn worth of mortgage housing loans were extended which figure exceeds 1.28 times over the volume of lending in the respective period of 2012. As of September 1, 2013, the outstanding debt of Rb...

In Q2 2013, the monthly weighted average interest rate on ruble-denominated housing mortgage loans was no longer on the rise, after a more than year-long period of growth: the interest rate for June was 12.6% against its record high of 12.9% in March 2013. The volume of housing mortgage lending...

In the first five months of 2013, 270108 mortgage housing loans (MHL) for the amount of Rb 435,071 bn were granted which is 12.41% and 24.86% higher than in 2012 as regards the number of the loans and their value in monetary terms, respectively. As of June 1, 2013, the outstanding debt on MHL...

According to the RF Federal Service for State Registration, Cadastre and Cartography (Rosreestr), the land area in the ownership of RF individuals continues to decrease. As of 1 January 2012, it amounted to 119.6 million hectares (m ha) (7% of the total land surface) vs. 121.4 m ha (7.1%) in...

This study seeks to investigate the dynamic impact of commercial real estate loan delinquency (CRELD) rate on the real estate market performance proxied by REIT returns. The results from the analysis of quarterly data from 1991 Q1 to 2011 Q4 show that the value-weighted REIT returns...

Despite growth in interest rates on MHL in rubles in the first quarter of 2013, the total volume of the extended MHL exceeded by 25.18% (142,393 loans worth Rb 226.94bn during the quarter) the volume of loans extended in the 1st quarter 2012. As of April 1, 2013, the share of the overdue debt in...

In 2013, growth in mortgage housing lending continued. In 2013, the volume of the extended mortgage housing loans (Rb 1,354 trillion) exceeded by 31.17% that of 2012. The quality of the portfolio of mortgage housing loans (MHL) kept getting worse: in 2013 the overdue debt fell to Rb 39.5bn with...

Using new household level data, we quantitatively assess the roles that (i) job loss, (ii) negative equity, and (iii) wealth (including unsecured debt, liquid, and illiquid assets) play in default decisions. In sharp contrast to prior studies that proxy for individual unemployment status using...

Recording systems for property play a pivotal, market-facilitating role for the players engaged in any transaction, the judiciary that must resolve disputes between the players, and others members of the general public by informing each about the true nature of ownership of the real property...