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FEATURES OF MORTGAGE REFINANCING: A REGIONAL PERSPECTIVE
Leonov Mikhail Vitalievich
Centre for Economic Policy and Regional studies
Cand.Econ.Sci., researcher
Centre for Economic Policy and Regional studies
Cand.Econ.Sci., researcher
Abstract
The paper discusses the problem of mortgage refinancing under issuance of mortgage-backed securities. One of the key factors of investment attractiveness is the credit discipline of mortgage borrowers. The decline in mortgage refinancing reduces business activity in the region and the deterioration of socio-economic development. Improving transparency and the development of appropriate tools would lead to reduction of regional refinancing risks.
Category: 08.00.00 Economics
Article reference:
Features of mortgage refinancing: a regional perspective // Modern scientific researches and innovations. 2014. № 9. P. 1 [Electronic journal]. URL: https://web.snauka.ru/en/issues/2014/09/37709
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