Why are our bankers are afraid of the mortgage?

Whose fault is that there is no normal mortgages, has become almost a rhetorical question. The state accuses the banks of "underdevelopment", banks in approximately the same blame the state. Yesterday the Association of Regional Banks of Russia has announced yet another reason why the Russians are so unlucky to lust for many credit - an acute shortage of "long and cheap" money. This opinion is almost 84% of respondents. Third of the participants of the study indicate the imperfection of judicial procedures, and 14.5% say high-risk factor for the banks and the relatively low profitability of this type of lending. The fact that banks are afraid to take risks, and indeed, it is possible to explain the "history". Taught by bitter experience in the consumer loan defaults, they are now "blow" and a more serious type of lending - mortgage. Over the past year, the amount of mortgage loans in Russia amounted to about 126 billion rubles, which is a paltry figure for this market. Mortgage business in the banking environment enjoyed while infamous - it is considered promising, but unstable. This once again confirms the fact that across the country in mortgage lending works only about 350 credit institutions and, by and large, only three banks specially created "a mortgage" and for a mortgage - City Mortgage Bank, "DeltaCredit" and Moscow Mortgage Agency. A thousand others just watching. Meanwhile, according to the calculations of the International Finance Corporation (IFC), for a minimum meet the demand for mortgage banks to give loans to people for about $ 650 billion dollars. The current capacity of the mortgage market is estimated at IFC 355-455 billion dollars, although the state accounts do not allow to conclude that many people today are able to make a down payment. Of particular distrust of bankers cause loans to purchase housing under construction. Nearly 22% of respondents named this type of lending, "unattractive." Therefore, the bulk of the loans, according to organizers studies are now on the acquisition of already constructed housing. Especially, do not trust banks to customers' word for it, "they also insisted that the construction company responsible for the delivery of houses, caused them to trust. It would be nice if the same respect enjoyed from the banks and your guarantors, and your deposit will not be allowed to question the "purity of thoughts and intentions." More than half - 60% - believe these tools are indispensable for the issuance of mortgage credit. Perhaps a similar number of citizens believe a mortgage deed: a few dare to lay a single bank in favor of the apartment, where, however, still lives a family that wants to save from the "close" of life. However, most often arrange an apartment in the pledge can only pre-ordered from it all 'social' population: children, elderly, people with disabilities. It turns out that to get a loan while really be a lonely and largely successful apartment owners, or those who have it are not the only one. While some banks are building complex schemes, which allow to carry out a mortgage transaction. For example, some banks are considering the possibility of redemption under construction or already finished apartments in affiliated company, in order to try new patterns of mortgage lending. For example, in the absence of a sufficient amount from the borrower's initial payment bank could settle it in the apartment under the rent, which in future could become the borrower agrees to the terms of the bank, mortgage payments. According to respondents, most banks use the deposits of individuals, corporate deposits and equity. Not popular bond issues. "Over the past three years, the actual mortgage-backed securities were issued quite a bit, and then the main reason for instability in the housing market - said the first deputy chairman of the Duma Committee on Credit Organizations and Financial Markets Pavel Medvedev. - In such circumstances, the question of interest rate loan quite quickly lose relevance, as the price per square meter has risen so much that buying an apartment is almost impossible. " President of the Association of Russian Banks Garegin Tosunyan said recently that rely on lower interest rates on mortgage loans up to 7-8 per cent can be only two or three years. Now rate ranges from 11-15%. According to him, that there was a reduction of interest on a loan, you need to gradually reduce inflation and increase the share of mortgages in Russia, that will not happen tomorrow or even next year. Offers his own solution to the problem and the head of the Moscow construction complex Vladimir Resin. According to him, the state must give less money into the stabilization fund, but more directed towards creating conditions for development of the mortgage. According to the specialist expertise of the economic group of Victoria Voronina, you need to gradually achieve macroeconomic stability, increase the level of confidence among depositors, and create conditions for the development of institutional investors. In turn, Pavel Medvedev believes that the mortgage can save only mortgage-backed securities market. Formally, such a market is there, but it does not work, although the law on mortgage securities was adopted in October 2003. To make it work, you need state support in the form of guarantees. However, you can find a compromise - be it subsidies the big banks, even foreign ones. We can only wait for the first person to accept a "for cause" ... Or, again, will find an answer to the rhetorical question "Who is to blame?" ..