This paper analyzes the problems of credit risk modeling of residential mortgage lending in Russia. Using unique … mortgage loan and macro data from a regional branch of the Agency of Home Mortgage Lending (2008-2012), we find that borrower … and mortgage loan characteristics affect the loan performance and play an important role in predicting default as well as …

This research analyses the process of lending from Russian state-owned mortgage provider. Two-level lending and … insurance of mortgage system lead to substantially higher default rates for insured loans. This means that underwriting … incentives for regional operators of government mortgage loans perform poorly. We use loan-level data of issued mortgage by one …

Mortgage loans kept growing in Q2 2014. A total of Rb 434,8bn mortgage residential loans (MRLs) were extended in the … denominated MRLs in the remaining mortgage balance kept diminishing steadily (0.9% as of July 1, 2014 against 0.96% as of April 1 …