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Features of restructuring mortgage loans nominated in foreign currency

  • Social Problems
  • Published:
Studies on Russian Economic Development Aims and scope

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.

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References

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Author information

Authors and Affiliations

  1. Institute of Economic Forecasting, Russian Academy of Science, Moscow, Russia

    A. A. Tsyganov

  2. Committee of the Association of Russian Banks on Mortgage Lending, Moscow, Russia

    A. D. Yazykov

  3. Financial University under the Government of the Russian Federation, Moscow, Russia

    A. A. Tsyganov

Authors
  1. A. A. Tsyganov
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  2. A. D. Yazykov
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Corresponding author

Correspondence to A. A. Tsyganov.

Additional information

Original Russian Text © A.A. Tsyganov, A.D. Yazykov, 2017.

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Tsyganov, A.A., Yazykov, A.D. Features of restructuring mortgage loans nominated in foreign currency. Stud. Russ. Econ. Dev. 28, 658–662 (2017). https://doi.org/10.1134/S1075700717060132

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  • DOI: https://doi.org/10.1134/S1075700717060132

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