Features of restructuring mortgage loans nominated in foreign currency

A. A. Tsyganov () and A. D. Yazykov
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A. A. Tsyganov: Russian Academy of Science
A. D. Yazykov: Committee of the Association of Russian Banks on Mortgage Lending

Studies on Russian Economic Development, 2017, vol. 28, issue 6, 658-662

Abstract: 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.

Date: 2017
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DOI: 10.1134/S1075700717060132

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