Modern trends in the Russian mortgage-backed securities market

Abstract

The article analyzes the key performance indicators of the mortgage securitization market in Russia. The paper defines the types of mortgage-backed securities, as well as the characteristics of its issue and circulation. It is examined the dynamics and structure of mortgage securitization transactions. It is formulated the role of the state in the process of establishing and development of the mortgage securitization market. It gives a detailed analysis of the regulatory changes in the field of mortgage securitization. It explores the role of major banks and determines its impact on the mortgage securitization market. The article touches upon the basic weaknesses of the mortgage securitization in Russia, as well as proposes additional measures to boost the development of mortgage securitization.

Keywords

• ипотечная секьюритизация
• ипотечные ценные бумаги
• ипотечный агент
• ипотечное страхование
• оригинатор
• долгосрочные пассивы