Реализация ипотечного имущества: анализ с помощью моделей времени жизни
Time to realisation of mortgage property is studied using data from Russian mortgage agency. Factors indicating high risk of non-realisation are revealed. Obtained estimates indicate that time to realisation is determined mainly by a loan-to-value ratio, a type of mortgage property and its location in economically developed region.
In this article, I research chargeback as a concept of mandatory civil liability of banks and other financial institutions for delivery supplied by their clients. In particular, in case the purchase of goods or services with the use of services of financial organisations, the latter are responsible for delivery of booked goods or services, their relevant obligations are based on international payment systems imperative rules. Chargebacks only partially regulated by the national Russian legislation, however, can be applied according to the rules of international payment systems on a larger scale for cards payments in Russia and as well as for payments outside Russia by bank cards issued by the Russian banks.
Board published consultation document 26.10.2011, which regulates a number of principles for mortgage lending. This article provides an overview of the principles and analysis of their characteristics. This article continues the series that review the proposed regulatory measures for the banking system at the international and country levels worked out by the Basel Committee on Banking Supervision.
We consider a new jurisprudence of the Supreme Court of Ukraine on the following issues: - distinction of financial and non-financial services - A unilateral change of the credit contract by the credit institution - the jurisdiction of the courts of arbitration -dispute about the fact of conclusion of the deposit agreement -common-law marriage impact for a mortgage -competition of claims in case improper disposal of collateral - a right of minors for housing - deposit secured loans - a double civil liability for one violation of the credit agreement
The author touches upon questions of correspondence between the Civil Code of the Russian Federation rules in their amended edition and the Federal Law of 26 October 2002 # 127-FZ “On Insolvency (Bankruptcy)”. Such issues as the order of a insolvency administrator’s appointment in the procedures of compulsory corporate liquidation and reorganization, establishing creditors’ claims based on subscription agreements, the effect of a court bail in bankruptcy are considered in the article.
This chapter is devoted to the analysis of the impact of the global financial crisis on the nascent housing market in Russia, which started developing less than 10 years ago. At the same time we make an attempt to estimate whether there were "bubbles" in this market. This chapter has the following structure.
It starts with an overview of the housing sector in Russia before the meltdown and analysis of the evolution of housing property rights. Next we look at both the supply side (housing stock and new construction) and the demand side of the situation in housing market before 2009. The section ends with a summary description of the situation in housing mortgage finance and affordability of housing, which is a big challenge for a developing housing market.
The second section analyzes the impact of the global financial crisis on the mortgage sector in Russia and highlights new trends in the housing sector. We focus on government anti-crisis measures in the housing market and the role of government-sponsored organizations. Two main areas of government intervention in the housing and mortgage markets are analyzed: state support of mortgage borrowers and the housing construction industry.
Next we raise the issue of the presence of housing bubble in Russia and analyze main determinants of housing price trends and their impact on housing market.
The chapter concludes with an outline of the housing and housing mortgage markets in Russia.
The article has been examining the ways of transformation of mortgage borrowers' everyday life as well as peculiarities of decision making under uncertainty and high risks closely related to house building and purchase dwelling. Our research is carrying out in Irkutsk since 2007. It shows that mortgage is not only "a school of financial competence". Mortgage is a mechanism of new responsibility's rising (through the person's internal motivation) and new social competence (through the recourse mobilization - personal and person's social network, self-organization and using new social practices). Thus mortgage is "a school of middle class".
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.