HMLA developing social housing programs

2015 to buy an apartment with a mortgage can every third family, and by 2020 mu mortgage way to improve the living conditions will be available to half of the Russians. Such a task is set by the Agency for Housing Mortgage Lending (AHML) to approve the development strategy for 2011-2020. Last year, we recall, the mortgage was in force less than a fifth of Russian households - 19.8%. Increased availability of mortgages, including through the introduction of new products, as well as infrastructure development of the mortgage market, inherent in the strategy should greatly improve the situation. According to experts AHML, the volume of loans in 10 years will grow at three times - from 301 thousand last year to 868 thousand in 2010. HMLA focuses on four main areas of the mortgage market. First, the incentive program continues the primary market. This direction was maintained during the crisis in the first place, to "kill two birds with one stone" - on the one hand, to help solve the housing problem citizens, on the other - to support the construction complex. But now, when the financial situation became more stable, and the banks newly expanded mortgage programs, HMLA adds to the strategic three areas: promoting the secondary mortgage market mortgage market infrastructure and the development and implementation of special mortgage programs for certain social groups of citizens. Development Programme, the secondary mortgage market is aimed at expanding the investor base in mortgage-backed securities, an increase in the number of issuers and increase the liquidity of mortgage securities on the secondary market. Is estimated that by 2015 the issue of mortgage bonds will be 50% of mortgage loans, and in 2020 - 55%. Infrastructure development program in the mortgage market is aimed at improving the efficiency of the mortgage market and lower transaction costs. HMLA promises to continue the work on standards of mortgage financing, because these standards one way or another are guided all the banks operating in the market mortgage services. In addition, the technology will improve the tracking of mortgage loans (including the package of measures to work with default loans), to create conditions for improving the liquidity of mortgage loans and mortgage collateral formation quality. It is planned that the difference between the cost of attracting resources in the secondary mortgage market and the average rate for the final borrower is reduced by 2015 to 3.5%, and by 2020, less than 3%. In coming up with HMLA mortgage options for many children, the military, young scientists for the population of most interest a series of diverse socio-oriented products. This mortgage loans, which are available at a discounted rate. Thus, participants in the program "Young Family" may be granted a loan at 0.25% cheaper than the regular rate. The same relief provided to certificate holders of the parent capital - two-child and large families. What's nice, is not forbidden to summarize the deductions. The total deduction (if the family is entitled to the privilege on several criteria) can reach up to 1.5% (down from 7.9 to 6.4%) reported "RG" in the agency. Technology in each case is different. Thus, for the military offers storage-mortgage system. Annually to the account officer of the federal budget is charged a certain sum, and after three years to save money can be used as a down payment when buying a home mortgage. The maximum loan is calculated so that at the time of retirement (after reaching the military 45 years old) debt has been repaid. In this war are not required to invest in the purchase of apartments accumulation, although it is not forbidden. After paying the out of pocket, they will be able to buy a more spacious and quality accommodation. Until the end of the year, explained, "WG" in HMLA will also be tested by pilot projects for young scientists. In addition, the agency develop a social technology for the most seemingly unpromising groups - for example, people of retirement age. They can be offered so-called "reverse mortgage", which is an alternative to a lifetime annuity. It implies that the bank gives the elderly person a loan against his home. Money is received certain amounts every month, as additional pension, while housing remains owned by the borrower prior to his death. After that, the credit is returned to the bank: the bank either sells the mortgaged house or extinguish the heirs of credit, and then passes them to the dead house. Standards "reverse mortgage" shall be developed by the Agency for Restructuring of housing mortgage loans (ARIZHK). There is a strategy and innovations related to borrowers and legal persons. Thus, organizations can take mortgage loans secured by land to build housing on it for their employees. This "pilot" has already started in the Kaluga region. HMLA agreed to cooperate with the car company. With regard to the structure of the government agency in the near future it may change. The strategy states that the most promising unit HMLA will be gradually sold, in particular through the IPO. These units specified in the document "will be allocated to subsidiaries with private capital, including the possibility of a subsequent sale of shares wholly or in part." The first experience can be a sale on the market master service - this activity is to support HMLA loans. It is also planned to attract investors to the insurance company AHML. Help "RG" The volume of the mortgage market is growing. According to the Central Bank, the volume of loans on July 1, 2011 totaled (YTD) 268 600 000 000 rubles. Over the past year, by comparison, was issued 378.9 billion rubles. And in the first half of 2010 - 133.4 billion, ie less than half this year. At the same time the increase in debt and mortgage. At the beginning of this year, the non-performing loans was estimated at 41.6 billion rubles., The amount of overall debt - 1trln. 129.4 billion rubles. On July 1, non-performing loans was 42.3 billion rubles., And the volume of debt amounted to 1 trillion 219.9 billion rubles.