The federal mortgage policy, the conforming loan limit (CLL), was spatially uniform before the recent financial crisis, despite heterogeneity across geography. An increased CLL leads to remarkable regional variation in declines in jumbo loan applications, exogenously increasing jumbo-lending...

The need of organization and the importance of internal control in a credit institution, which would guarantee high level of reliability corresponding to the nature and scale of operations carried out, is enshrined in Russian legislation. The key aspect of internal control in a credit...

One of the biggest risks arising from financial operations is the risk of counterparty default, commonly known as a credit risk. Leaving unmanaged, the credit risk would, with a high probability, result in a crash of a bank. In our paper, we will focus on the credit risk quantification...

Purpose: The study is aimed not only at determining the current state of the bank asset securitization market but also at developing methods and ways to improve the processes of bank asset securitization in Russia. Design/methodology/approach: The article presents the results of a survey of...