Mortgage

Tag: Mortgage

Russian Cabinet to allocate $200 mln for repayment of mortgages for large families

Another 14.5 billion rubles ($200 million at the current exchange rate) are to be allocated to compensate mortgage loan payments of large families. The respective order has been signed by Russia’s Prime Minister Mikhail Mishustin.

15:52 22.10.2021

Russian government extends concessional family mortgage program

The Cabinet of Ministers ordered by Russian President Vladimir Putin extends concessional family mortgage until late 2023.

14:42 17.08.2021

State Duma to discuss bill obliging banks to state reasons behind denials of credit breaks

A bill envisaging that creditors are to be obliged to explain their reasons for denying credit or mortgage breaks to borrowers has been submitted to the lower house of Russia’s Parliament.

17:47 05.11.2020

Russian ministers back bill on simplified refinancing of mortgages using maternal capital

The government of Russia has supported a bill by Deputy Chair of State Duma Irina Yarovaya aimed to make it easier for families to swap their mortgages using federal subsidies for births of children for those on better terms.

16:28 15.06.2020

State Duma to contemplate extension of mortgage holidays to self-employed entrepreneurs

A bill seeking to make self-employed persons and private entrepreneurs eligible for mortgage holidays has reached the State Duma. The document, according to a statement of the lower house of Russia’s Parliament, is to ensure for all borrowers a level playing field notwithstanding the tax regimes they operate under.

13:52 05.06.2020

Russia's Supreme Court clarifies procedure for granting loan and mortgage grace periods

Banks are obliged to grant grace periods to individual borrowers whose finances were gravely affected by the measures introduced to combat the coronavirus outbreak, Russia’s Supreme Court materials on specifics of proceedings amid the pandemic read.

15:49 30.04.2020

Russia’s government raises caps on mortgages eligible for repayment holidays

Russia’s government raised upper limits of mortgages the borrowers of which affected by the coronavirus pandemic are eligible to seek repayment holidays with banks, the Cabinet Chair Mikhail Mishustin said addressing a conference on economic issues on Friday.

17:40 10.04.2020

Federation Council backs bill on repayment of fallen Russian servicemen mortgage

The Federation Council approved a bill on repayment of mortgage of deceased servicemen on Monday, according to a statement published on the website of the parliament’s upper house.

18:06 23.12.2019

State to redeem mortgage of fallen Russian servicemen in advance – bill

The State Duma passed a bill on repayment of mortgage of deceased servicemen in a final third reading on Tuesday.

17:07 17.12.2019

Russians taking mortgage holidays privilege to be exempt from income tax

A bill on exemption of people exercising the right to mortgage holidays from income taxes was signed by President of Russia Vladimir Putin on Wednesday.

19:34 03.07.2019

Putin approves mortgage compensations for families with many children

President of Russia Vladimir Putin has signed a bill on compensation of mortgage loans for multi-child families into law.

15:49 03.07.2019

Federation Council backs bill on mortgage compensation for families with many children

The Federation Council, Russia’s upper house of parliament, on Wednesday approved a draft law on mortgage compensation for multi-child families.

15:25 26.06.2019

State Duma adopts bill on mortgage compensation for multi-child families

The State Duma adopted an initiative on mortgage compensation for multi-child families in a final third reading on Wednesday.

12:48 19.06.2019

Bill on mortgage compensation for multi-child families reaches State Duma

The State Duma Chairman Vyacheslav Volodin and Chair of the Federation Council Valentina Matviyenko have submitted a bill on mortgage compensation for multi-child families to the lower house of parliament.

12:35 07.05.2019

Russian senators endorse initiative on mortgage holidays

The upper house of Russian parliament, the Federation Council, on Monday approved a draft law on mortgage holidays for citizens found themselves in a tough life situation.

15:21 22.04.2019

Mortgage holidays bill promoted in lower house of Russian parliament

The State Duma adopted a bill on mortgage holidays for Russian citizens found themselves in a tough life situation in a final third reading on Thursday.

11:27 18.04.2019

Russia’s lower house of parliament passes mortgage holidays bill in second reading

The State Duma, the lower house of parliament, adopted a bill on mortgage holidays for Russian citizens found themselves in a tough life situation in the second reading on Tuesday.

16:56 16.04.2019

Members of Russia’s Federation Council prepare amendments to mortgage holidays bill

Several members of the upper house of parliament have drafted amendments to a bill on mortgage holidays for Russian citizens found themselves in a tough life situation.

12:58 03.04.2019

Russia’s State Duma passes mortgage holidays bill in first reading

The lower house of Russian parliament passed a bill on mortgage holidays for Russian citizens found themselves in a tough life situation in the first reading on Thursday.

12:50 21.03.2019

Foreign currency mortgage debtors denied loan restructuring

The Nikulinsky District Court of Moscow on Friday dismissed a class action suit by 50 currency mortgage debtors demanding loan restructuring from Moskommertsbank.

14:53 16.09.2016