Email this article Features of restructuring mortgage loans nominated in foreign currency
- Authors: Tsyganov A.A.1,2, Yazykov A.D.3
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Affiliations:
- Institute of Economic Forecasting
- Financial University under the Government of the Russian Federation
- Committee of the Association of Russian Banks on Mortgage Lending
- Issue: Vol 28, No 6 (2017)
- Pages: 658-662
- Section: Social Problems
- URL: https://journals.rcsi.science/1075-7007/article/view/213974
- DOI: https://doi.org/10.1134/S1075700717060132
- ID: 213974
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Abstract
The article examines the experience of restructuring mortgage loans denominated in foreign currency in 2008–2010 when many borrowers faced difficulties in servicing their loan obligations, and the lack of a culture of working with a problem debt and practical experience in overcoming temporary complex life situations formed hotbeds of acute social conflicts in separate regions.
About the authors
A. A. Tsyganov
Institute of Economic Forecasting; Financial University under the Government of the Russian Federation
Author for correspondence.
Email: AATsiganov@fa.ru
Russian Federation, Moscow; Moscow
A. D. Yazykov
Committee of the Association of Russian Banks on Mortgage Lending
Email: AATsiganov@fa.ru
Russian Federation, Moscow
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