Academic literature on the topic 'Mortgage market development'

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Journal articles on the topic "Mortgage market development"

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Buranbaeva, Lilia Z., Albina F. Garifullina, and Guzel A. Musina. "MORTGAGE LENDING MARKET: RESULTS OF 2022 AND FORECAST FOR 2023." Vestnik BIST (Bashkir Institute of Social Technologies), no. 1(58) (March 30, 2023): 57–63. http://dx.doi.org/10.47598/2078-9025-2023-1-58-57-63.

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The subject of the study is the mortgage lending market. The purpose of the study is to consider the problems and prospects for the development of the mortgage lending market. The objectives of the study are to reflect the key trends in the development of the bank mortgage lending market in the face of geopolitical uncertainty, to consider expert opinions regarding the forecast of its development. The novelty of the study: the problems and prospects for the development of the mortgage lending market are identified, the forms of its state support are considered. Conclusions: affordable loans ar
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al-Darbas, Ahmad Mohammed, and Mohammed Ebrahem al-Wasmi. "Challenges Facing Real-Estate Mortgages in the Arabian Gulf Region." Arab Law Quarterly 33, no. 1 (2019): 81–98. http://dx.doi.org/10.1163/15730255-12331051.

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Abstract This article intends to present the significance of mortgage financing in emerging markets and explain how mortgage financing affects positively the economies of emerging countries. It will also show the legal foundations of the real-estate mortgage law and the prerequisites for a successful mortgage financing system. This article intends to define the main challenges that some consider a hindrance to the development of the mortgage market in the Arabian Gulf countries. From this perspective, a brief comparative analysis of mortgage financing will focus on varying laws and regulations
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Stepanova, D., and D. Mironova. "Forecast and Development Prospects of the Russian Mortgage Market." Scientific Research and Development. Economics of the Firm 9, no. 4 (2021): 57–66. http://dx.doi.org/10.12737/2306-627x-2020-57-66.

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The study discusses the current state of the mortgage market in Russia, identifies its main trends and trends of further development based on the results of market analysis for 2018-2020. The dynamics of the volume of issued housing mortgage loans in Russia as a whole and in the context of federal districts, the dynamics of interest rates for various types of mortgages are presented, the trend of reduction of credit institutions providing mortgage loans is analyzed, and the rating of Russian banks in terms of the volume of mortgage loans is presented. A factor analysis of the volume dynamics o
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Tropina, Zh. "Development of digitalization processes in the mortgage and mortgage securities markets." Siberian Financial School, no. 1 (April 18, 2025): 27–35. https://doi.org/10.34020/1993-4386-2025-1-27-35.

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Significant rates of development of the Russian mortgage market and the mortgage securities market against the background of the implementation of the digitalization of the economy and the digital transformation of the processes of public administration, the activities of financial market entities, etc. determine the relevance of this study. The author focuses on the study of issues related to the introduction and development of such a significant instrument for the segment of mortgage securities as electronic mortgages; the advantages of this security for ensuring a larger-scale mortgage secu
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KORNEEV, V.V., and D.V. DEMCHENKО. "Credit support for housing construction in Ukraine: recovery opportunities." Market Relations Development in Ukraine №4(215)2019 132 (June 13, 2019): 55–61. https://doi.org/10.5281/zenodo.3245084.

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Research subject. The subject of the study is a set of relations between banks as mortgage lenders and households (as borrowers) regarding lending to housing construction in Ukraine. The purpose of the article is to justify the possibilities of resuming lending to housing construction in Ukraine and further development of the residential mortgage market. наMethodology of work – the methodological basis of the study is the dialectical method of knowledge, the theory of investment, money and credit, mortgages. The following methods were used: systemic, generalization, analysis and synthesi
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Olena Prutska and Oleksandr Zarichuk. "IMPROVEMENT OF STATE MORTGAGE HOUSING DEVELOPMENT PROGRAMS IN UKRAINE." European Cooperation 9, no. 40 (2018): 57–72. http://dx.doi.org/10.32070/ec.v9i40.27.

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The article clarifies that the evolution of the mortgage housing market in Ukraine is complicated by the lack of relevant market mechanisms. Therefore, the formation of a residential mortgage exclusively under the conditions of a free market is related to the risks of uneven development of both the mortgage housing market and its related elements. In order to avoid deformations in the formation of the relevant markets, ensuring their comprehensive accelerated development, a number of incentive measures should be applied by the government. The government-sponsored mortgage lending programs have
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Studinska, Galina, and Viacheslav Prosov. "Assessment of the level of Ukrainian mortgage market development." University Economic Bulletin, no. 46 (September 1, 2020): 160–69. http://dx.doi.org/10.31470/2306-546x-2020-46-160-169.

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The methodology of comparative assessment of the mortgage market is proposed. The study of the Ukrainian mortgage market was conducted in three areas: the preconditions for the development of the mortgage market, the current situation in the mortgage market, and the risks in the mortgage market. The integrated coefficient of the level of development of the mortgage market in Ukraine is calculated. It is substantiated that the level of the Ukrainian mortgage market is in an embryonic state in comparison with the corresponding EU market. The object of study is the mortgage market of Ukraine. The
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Usmanova, D. F., and S. P. Syrygin. "IMPACT OF THE COVID-19 PANDEMIC ON THE DEVELOPMENT OF MORTGAGE LENDING IN RUSSIA." Social’no-ekonomiceskoe upravlenie: teoria i praktika 18, no. 2 (2022): 58–65. http://dx.doi.org/10.22213/2618-9763-2022-2-58-65.

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Relevance of the research topic. The coronavirus crisis has had a controversial impact on the mortgage market. On the one hand, mortgages during the Covid-19 pandemic have become more profitable due to lower interest rates and a decrease in the size of the down payment. On the other hand, for many citizens who are faced with the loss of work or a decrease in income, mortgages during the coronavirus period have turned into an overwhelming debt. Government support in the field of mortgage lending during the Covid-19 pandemic spurred the growth of mortgage loans, this support helped to meet part
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Luneva, Evgeniya I. "ANALYSIS OF MORTGAGE LENDING IN THE RUSSIAN FEDERATION." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 9/15, no. 150 (2024): 112–21. https://doi.org/10.36871/ek.up.p.r.2024.09.15.013.

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The article examines modern challenges and development prospects of mortgage lending in the Russian Federation. It analyzes government support for mortgage programs, including initiatives such as the “Family Mortgage” and “Preferential Mortgage” programs. Special attention is given to the digitalization of the mortgage process, the introduction of online services and platforms, and the development of “green mortgages” with the implementation of eco-social standards. Key issues of the mortgage market, including high household debt, a shortage of affordable housing, and banking risks related to
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Andrieieva, Olena. "MORTGAGE LENDING AS A FACTOR OF SOCIAL AND ECONOMIC DEVELOPMENT OF THE COUNTRY." Collection of scientific research papers State University of Infrastructure and Technologies Section “Economics and Management”, no. 55 (June 28, 2024): 6–12. http://dx.doi.org/10.32703/2664-2964-2024-55-6-12.

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A mortgage and a mortgage loan are components of the mortgagesystem, the evolution of which dates back several millennia. During this period, there was a transformation of views on the mortgage -from a pledge -a plot of land to an understanding of the mortgage as a financial instrument in the mechanism of socio-economic development of the country.In the lands of Ukraine, the mortgage system arises and develops simultaneously with the development of banking. At the end of the 19th and the beginning of the 20th centuries. a network of mortgage banks was formed on the territory of Ukraine, and mo
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Dissertations / Theses on the topic "Mortgage market development"

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Tran, Kelvin, and Eddie Negussu. "The Competitive Development of the Swedish Mortgage Market." Thesis, Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:ltu:diva-85462.

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The problem with weak competition is the socially inefficient market it causes, but also the market power it gives firms to exercise. This thesis aimed to analyse whether the competition in the mortgage market had changed since 2013 compared to 2020. The market concentration on the Swedish mortgage market were calculated and the gross margins for the banks were compared to each other. The data used was the banks’ total mortgage lending and their listed interest rates. The results showed that the concentration had decreased and that the banks’ overall gross margins had increased. The conclusion
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Шалімова, Л. М. "Інституціональні аспекти становлення інфраструктури іпотечного ринку сучасної України". Thesis, Українська академія банківської справи Національного банку України, 2008. http://essuir.sumdu.edu.ua/handle/123456789/61094.

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Історія становлення і розвитку економічних систем світу свідчить, що економічні прориви ніколи не спираються тільки на зусилля уряду. Вони потребують взаємодії уряду, інститутів громадянського суспільства і населення країни в цілому. Розвиток іпотечного ринку залежить від політичних, правових, економічних та історичних факторів.
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Schilla, Ondřej. "Porovnání klientského přístupu u vybraných společností realizujících developerské projekty v Praze 13." Master's thesis, Vysoká škola ekonomická v Praze, 2017. http://www.nusl.cz/ntk/nusl-359985.

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The present Master Thesis tries to summarize and assess individual aspects of a decision-making process connected with a housing purchase. In the theoretical part, ways and methods of market survey, in particular so called mystery shopping, are outlined and explained. Further on, basic concepts connected with the housing market are defined and clarified. The first section of the practical part of the present Master thesis explores opinions of a selected representative group of potencial clients, based on the original author´s questionnaire (with analysis and assessment of answers). In the seco
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Panajotovová, Monika. "Stanovení optimálních parametrů úvěrů na realitním trhu a jejich praktické využití v budoucnu." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2011. http://www.nusl.cz/ntk/nusl-232554.

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This master´s thesis examines the development of real estate financing in relation to the credit crunch. Accordnig to main causes of fluctuations in history, comparing interest rates, mortgage loans, property development and investment in time, it models the evolution of optimal interest rates of real estate market. The loans’ optimal parameters with combination of types of bank financing in the real estate market with regard to its sustainable development as a separate and independent global market with strong inclusion among the other market sectors, are formed there. In this dissertation th
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Books on the topic "Mortgage market development"

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Li, Xiaowei. Mortgage market development, savings, and growth. International Monetary Fund, Middle Eastern Department, 2001.

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Immergluck, Daniel. Two steps back: The dual mortgage market, predatory lending, and the undoing of community development. Woodstock Institute, 1999.

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United States. Congress. House. Committee on Agriculture. Subcommittee on Conservation, Credit, and Rural Development. Review of the Federal Agricultural Mortgage Corporation (Farmer Mac): Hearing before the Subcommittee on Conservation, Credit, and Rural Development of the Committee on Agriculture, House of Representatives, One Hundred First Congress, first session, September 27, 1989. U.S. G.P.O., 1990.

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United States. Congress. House. Committee on Agriculture. Subcommittee on Conservation, Credit, and Rural Development. Review the status of the Federal Agricultural Mortgage Corporation: Hearing before the Subcommittee on Conservation, Credit, and Rural Development of the Committee on Agriculture, House of Representatives, One Hundred Second Congress, first session, June 13, 1991. U.S. G.P.O., 1991.

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United, States Congress House Committee on Banking Finance and Urban Affairs Subcommittee on Housing and Community Development. Secondary mortgage market: Hearings before the Subcommittee on Housing and Community Development of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred First Congress, second session, July 26 and 27, 1990. U.S. G.P.O., 1990.

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United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development. Affordable housing goals of government sponsored enterprises: Hearing before the Subcommittee on Housing and Community Development of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, first session, November 19, 1993. U.S. G.P.O., 1994.

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United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development. Affordable housing goals of government sponsored enterprises: Hearing before the Subcommittee on Housing and Community Development of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, first session, November 19, 1993. U.S. G.P.O., 1994.

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Office, General Accounting. Home ownership: Targeting assistance to buyers through qualified mortgage bonds : briefing report to the Honorable Jim Moody, House of Representatives. The Office, 1988.

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Office, General Accounting. Home ownership: Mortgage servicing transfers are increasing and causing borrower concern : report to the Honorable John J. LaFalce. The Office, 1989.

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United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing, Transportation, and Community Development. Strengthening the housing market and minimizing losses to taxpayers: Hearing before the Subcommittee on Housing, Transportation, and Community Development of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Twelfth Congress, second session, on examining actions that can strengthen the mortgage market at no or minimal cost to taxpayers, March 15, 2012. U.S. G.P.O., 2013.

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Book chapters on the topic "Mortgage market development"

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Drake, Leigh. "The Development of a Secondary Mortgage Market and the Securitisation of Mortgages in the UK." In The Building Society Industry in Transition. Palgrave Macmillan UK, 1989. http://dx.doi.org/10.1007/978-1-349-09680-0_7.

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Qian, Junkai. "Analysis of the Cause of Recent Mortgage Boycotts in the Chinese Real Estate Market." In Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023). Atlantis Press International BV, 2023. http://dx.doi.org/10.2991/978-94-6463-142-5_72.

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Roy, Friedemann. "Primary Mortgage Market Development in Emerging Markets – Is the Central and Eastern Europe Experience Replicable in Sub-Saharan Africa?" In Housing Finance in Emerging Markets. Springer Berlin Heidelberg, 2011. http://dx.doi.org/10.1007/978-3-540-77857-8_7.

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Nehf, James P. "Consumer Credit Regulation and International Financial Markets: Lessons from the Mortgage Meltdown." In Consumer Law and Socioeconomic Development. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-55624-6_11.

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Pafenberg, Forrest. "The Single-Family Mortgage Industry in the Internet Era: Technology Developments and Market Structure." In Lessons from the Financial Crisis. John Wiley & Sons, Inc., 2011. http://dx.doi.org/10.1002/9781118266588.ch22.

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Buser, Stephen A., and John J. Mcconnell. "Development of the Market for Mortgage-Backed Securities." In Public Real Estate Markets and Investments. Oxford University Press, 2014. http://dx.doi.org/10.1093/acprof:oso/9780199993277.003.0007.

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McFarlane, Ben, Nicholas Hopkins, and Sarah Nield. "25. Security Interests in Land." In Land Law. Oxford University Press, 2018. http://dx.doi.org/10.1093/he/9780198806066.003.0025.

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All books in this flagship series contain carefully selected substantial extracts from key cases, legislation, and academic debate, providing able students with a stand-alone resource. This chapter reviews the use of land (or legal and equitable property rights relating to land) as security for the repayment of money by a borrower to a lender. It also describes charging orders, the use of which increases in the context of the recession. There are four types of security interest: the pledge; the lien; the mortgage; and the charge. The borrower holds the equity of redemption under a classic mort
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McFarlane, Ben, Nicholas Hopkins, and Sarah Nield. "25. Security Interests in Land." In Land Law. Oxford University Press, 2021. http://dx.doi.org/10.1093/he/9780198868521.003.0025.

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All books in this flagship series contain carefully selected substantial extracts from key cases, legislation, and academic debate, providing able students with a stand-alone resource. This chapter reviews the use of land (or legal and equitable property rights relating to land) as security for the repayment of money by a borrower to a lender. It also describes charging orders, the use of which increases in the context of the recession. There are four types of security interest: the pledge; the lien; the mortgage; and the charge. The borrower holds the equity of redemption under a classic mort
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Quinn, Sarah L. "A Return to Securitization." In American Bonds. Princeton University Press, 2019. http://dx.doi.org/10.23943/princeton/9780691156750.003.0009.

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This chapter discusses the distributional politics of mortgage markets and securitization in the postwar era and explains their transformation in the 1960s as the Federal National Mortgage Association (FNMA/Fannie Mae) was “spun off” from the government and authorized to finance itself by issuing a new kind of government-guaranteed mortgage-backed security. In the second half of the decade, a series of crises marked the end of one era and the beginning of a long transition into a new one marked by scarcity, neoliberalism, and financialization. The end of postwar affluence created a distributio
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McFarlane, Ben, Nicholas Hopkins, and Sarah Nield. "25. Security Interests in Land." In Land Law. Oxford University Press, 2024. http://dx.doi.org/10.1093/he/9780198893226.003.0025.

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All books in this flagship series contain carefully selected substantial extracts from key cases, legislation, and academic debate, providing able students with a stand-alone resource. This chapter reviews the use of land (or legal and equitable property rights relating to land) as security for the repayment of money by a borrower to a lender. It also describes charging orders, the use of which increases in the context of a recession. There are four types of security interest: the pledge; the lien; the mortgage; and the charge. The borrower holds the equity of redemption under a classic mortga
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Conference papers on the topic "Mortgage market development"

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Антимонова, Анастасия Павловна, and Андрей Владимирович Заступов. "DEVELOPMENT OF MORTGAGE LENDING IN THE RESIDENTIAL SECTOR." In Исследование и практика в социально-экономической и гуманитарной сфере: сборник избранных статей Всероссийской (национальной) научнопрактической конференции (Санкт-Петербург, Июнь 2022). Crossref, 2022. http://dx.doi.org/10.37539/ipgs329.2022.10.41.002.

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В данной статье определены правовые предпосылки развития ипотеки в России, источники финансирования ипотеки. Банковское дело на российском ипотечном рынке было также проанализировано с целью определения его особенностей и проблем. Намечено направление развития российского ипотечного кредитования. This article defines the legal prerequisites for the development of mortgages in Russia, sources of mortgage financing. Banking in the Russian mortgage market was also analyzed in order to identify its features and problems. The direction of development of Russian mortgage lending has been outlined.
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Topaloğlu, Mustafa. "Recent Development Related to Mortgage Backed Securities in Turkey." In International Conference on Eurasian Economies. Eurasian Economists Association, 2016. http://dx.doi.org/10.36880/c07.01571.

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While mortgage backed securities are extremely important for prospering economies especially, these securities are kinds of securities capital market instruments that show increase significantly for last 30 years. These make it convenient for development of the capital market and consumers to obtain housing cost-efficiently, in that these securities provide effective fund flow from different and new financing trough. All over the world mortgage based securities are issued by two securitization ways that: the first one is off-balance sheet securitization, mortgage backed securities which are co
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Avramchuk, Lidiia, and Tetiana Sliesar. "Mortgage lending on the financial market of Ukraine." In Economic growth in the conditions of globalization. International Scientific-Practical Conference, XVIth edition. National Institute for Economic Research, 2022. https://doi.org/10.36004/nier.cecg.iv.2022.16.12.

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Mortgage home lending plays an important role in the socioeconomic development of any state, first of all, because it is an effective tool for combining the financial market with the real estate market, which contributes to the capitalization of resources, and also contributes to the development of the real estate market, which contributes to the capitalization of resources, secondly, it contributes to the development of the real estate market, solving the housing problem, and maintaining social stability. Solving mortgage lending problems is the task that affects the macroeconomics of the cou
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"MORTGAGE HOUSING LOAN MARKET IN RUSSIA: TRENDS AND PROSPECTS FOR DEVELOPMENT." In Russian science: actual researches and developments. Samara State University of Economics, 2019. http://dx.doi.org/10.46554/russian.science-2019.10-2-105/109.

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Васильева, Дарьяна Васильевна, and Елена Сергеевна Недорезова. "PROSPECTS FOR THE DEVELOPMENT OF THE HOUSING MORTGAGE LENDING MARKET IN RUSSIA." In Высокие технологии и инновации в науке: сборник избранных статей Международной научной конференции (Санкт-Петербург, Июль 2022). Crossref, 2022. http://dx.doi.org/10.37539/vt198.2022.39.56.002.

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Научная статья в направлении экономической науки, раскрывающая перспективы развития рынка ипотечного жилищного кредитования в России. A scientific article in the direction of economics, revealing the prospects for the development of the mortgage housing lending market in Russia.
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"Conditions of Mortgage Market Development in Turkey: A Critical Empirical Review." In 20th Annual European Real Estate Society Conference: ERES Conference 2013. ÖKK-Editions, Vienna, 2013. http://dx.doi.org/10.15396/eres2013_11.

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Горский, Марк Андреевич. "FEATURES OF MORTGAGE LENDING IN THE RUSSIAN FEDERATION." In Наука. Исследования. Практика: сборник избранных статей по материалам Международной научной конференции (Санкт-Петербург, Август 2020). Crossref, 2020. http://dx.doi.org/10.37539/srp292.2020.17.82.005.

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В статье рассматривается современное положение на рынке ипотечного кредитования РФ, проводится анализ динамики показателей этого рынка, тенденций развития основных финансовых игроков (банковских организаций). Основное внимание уделяется анализу состава и методам классификации рисков ипотечного кредитования. The article discusses the current situation in the Russian mortgage lending market, analyzes the dynamics of this market indicators, development trends, key financial players (banking organizations). The main attention is paid to the analysis of the composition and methods of classifying mo
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Levent, Cüneyd Ebrar. "Global Financial Crisis and Corporate Governance Lessons from the Crisis." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.01168.

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The mortgage crisis, started in 2007 in USA, turned into global financial crisis at the end of 2008. This crisis is assumed to be the largest crisis after The Great Depression occurred in 1929. Global Financial Crisis spread out from USA to developed countries and eventually other countries. Some financial institutions went bankruptcy and some of rest has been survived with governments’ financial supports. Crisis affected the real economy after financial markets, due to crisis production and employment decreased all over the countries. Excess liquidity, deterioration of the mortgage loans stru
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Гаева, Юлия Евгеньевна, and Людмила Ивановна Кругляк. "FOREIGN EXPERIENCE AND DOMESTIC PRACTICE OF MORTGAGE LENDING." In Поколение будущего: сборник статей L международной научной конференции (Санкт-Петербург, Май 2024). Crossref, 2024. http://dx.doi.org/10.37539/240531.2024.19.20.004.

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В статье исследованы особенности функционирования зарубежного и отечественного рынка ипотечного кредитования с акцентом его влияния на социально-экономическое развитие страны. The article examines the peculiarities of the functioning of the foreign and domestic mortgage lending market with an emphasis on its impact on the socio-economic development of the country.
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Pomortseva, О., S. Kobzan, S. Nesterenko, and Ya Nekrasov. "Development of Mortgage in the Real Estate Market. The Impact of the War in Ukraine." In International Conference of Young Professionals «GeoTerrace-2023». European Association of Geoscientists & Engineers, 2023. http://dx.doi.org/10.3997/2214-4609.2023510042.

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Reports on the topic "Mortgage market development"

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Lea, Michael J. The Role of the Primary Mortgage Market in the Development of a Successful Secondary Mortgage Market. Inter-American Development Bank, 2000. http://dx.doi.org/10.18235/0008549.

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This report is one of a series of best practice papers that stem from a regional conference on the development of mortgage securitization held at the IDB. Using Mexico as an example, this paper focuses on the elements of the primary mortgage market that are relevant to establish a secondary mortgage market.
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2

Pardo, Claudio Adrián. Housing Finance in Chile: The Experience in Primary and Secondary Mortgage Financing. Inter-American Development Bank, 2000. http://dx.doi.org/10.18235/0008517.

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This paper presents the experiences of the housing finance market in Chile. It was first presented at a regional conference on the development of mortgage securitization held at the Inter-American Development Bank. The paper focuses on the evolution of housing finance in Chile, including the role of the government and the development of the secondary market for mortgages with a link to the growth of institutional investors.
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Martins, Bruno, Eduardo Lundberg, and Tony Takeda. Housing Finance in Brazil: Institutional Improvements and Recent Developments. Inter-American Development Bank, 2011. http://dx.doi.org/10.18235/0011335.

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Despite a recent expansion in housing finance, Brazil still faces a severe housing shortage, especially among lower-income people, and it is important to examine the development, limitations and prospects of the country's housing finance market. This paper investigates the recent evolution of that market in Brazil, focusing on whether the current expansion in mortgage lending is the result of institutional and economic improvements favoring economic stability and compliance with contractual obligations or is merely an effect of the higher level of housing loans imposed by the government on fin
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4

Rivera, Luis, Francisco Sancho, and Julio Rosales-Tijerino. Housing Finance in Central America: What is Holding It Back? Inter-American Development Bank, 2012. http://dx.doi.org/10.18235/0008991.

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This paper surveys housing finance in Costa Rica, El Salvador and Panama. The development of a secondary mortgage-backed securities market in Costa Rica is very limited despite a broad legal framework, while in El Salvador it is nonexistent and in Panama has not grown due to high liquidity. In Costa Rica's subsidy policy, core institutions responsible for housing policy act as facilitators of private agents. This contrasts with the dispersion of policy and institutional efforts identified in Panama and El Salvador. Government subsidies are especially directed to households where more of 90 per
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Ballesteros, Marife, Tatum Ramos, and Jenica Ancheta. Measuring Housing Affordability in the Philippines. Philippine Institute for Development Studies, 2022. https://doi.org/10.62986/dp2022.22.

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Understanding housing affordability is key to addressing the housing problem. This study evaluates housing affordability in the Philippines using conventional approaches. It compares Residual Income Method estimates with those from the 30 percent of income standard that is commonly used as a measure of housing affordability in the country. The authors note that the 30 percent of income standard overestimates housing affordability among the poor and underestimates among those in the upper income levels relative to the Residual Income Method. In other words, the poor and low-income households ar
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6

Ideas for Development in the Americas (IDEA): Volume 4 : May-August, 2004: Housing Finance in Latin America: Time to Build a Better Market. Inter-American Development Bank, 2005. http://dx.doi.org/10.18235/0008230.

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The average value of a residential dwelling owned by a typical Latin American family is worth close to six years of that family's total income. However, les than one-fourth of all housing in Latin America is financed through formal mechanisms, and housing mortgage credit accounts for only a small fraction of total credit. Why hasn't the housing mortgage industry developed properly in Latin America? This issue of IDEA takes a closer look at the problems in the housing finance market, reviews the efforts that have been made in the past, and offers some policy suggestions for the future.
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7

Monetary Policy Report, October 2023. Banco de la República, 2023. http://dx.doi.org/10.32468/inf-pol-mont-eng.tr4-2023.

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Inflation has decreased since April, and it is projected to continue to reduce significantly throughout 2024 as it converges toward 3%. In September 2023, the headline annual inflation rate was 10.99% and completed six consecutive months of declines. Core inflation, excluding food and regulated items, has experienced three consecutive months of reductions and currently stands at 9.5%. The reduction in inflation has been slower than the projected by the Central Bank and market analysts, primarily due to: More persistent price increases in services and regulated baskets, which are affected by in
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