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Digital mortgage will be tested in Russia in May

Цифровую ипотеку начнут тестировать в России в мае

Digital mortgage will be tested in Russia in May

The start of a pilot project for issuing digital mortgages in Russia is scheduled for May 2021, according to a press release from the Association of Banks of Russia (ADB).

"Now the process of preparing the necessary regulatory changes is underway. The start of the pilot project is expected in May of this year. Now Sberbank, Gazprombank, Dom.RF Bank, a number of creditors working with the Region company are participating in it, - According to the press release of the Association of Banks of Russia (ADB).

The project will be implemented on the domestic blockchain platform MasterChain, which has been developed by the largest banks within the framework of the Fintech Association under the auspices of the Central Bank of the Russian Federation since 2016. The project provides electronic registration mortgages in Rosreestr and transfer of the electronic mortgage to the depository.

According to the director of the development unit of the mortgage market "Dom.RF" by Olga Shaimordanova, the goal of the project is to increase the number of electronic mortgages issued by banks by improving the business process for issuing and maintaining them.

At the end of May last year, the first deputy chairman of the Central Bank Olga Skorobogatova said that the regulator is working on launching a digital mortgage on the domestic blockchain platform and has sent relevant proposals to the government and Rosreestr.br> According to Olga Shaymordanova, director of the mortgage market development division of Dom.RF, the goal of the project is to increase the number of electronic mortgages issued by banks for by improving the business process for their release and maintenance.

At the end of May last year, the first deputy chairman of the Central Bank, Olga Skorobogatova, said that the regulator was working on launching a digital mortgages on the domestic blockchain platform and sent relevant proposals to the government and Rosreestr.br> According to Olga Shaymordanova, director of the mortgage market development division of Dom.RF, the goal of the project is to increase the number of electronic mortgages issued by banks for by improving the business process for their release and maintenance.

At the end of May last year, the first deputy chairman of the Central Bank, Olga Skorobogatova, said that the regulator was working on launching a digital mortgages on the domestic blockchain platform and sent relevant proposals to the government and Rosreestr.The goal of the project is to increase the number of electronic mortgages issued by banks by improving the business process for issuing and maintaining them.

At the end of May last year, Olga Skorobogatova, First Deputy Chairman of the Central Bank, announced that the regulator was working on launching a digital mortgages on the domestic blockchain platform and sent relevant proposals to the government and Rosreestr.The goal of the project is to increase the number of electronic mortgages issued by banks by improving the business process for issuing and maintaining them.

At the end of May last year, Olga Skorobogatova, First Deputy Chairman of the Central Bank, announced that the regulator was working on launching a digital mortgages on the domestic blockchain platform and sent relevant proposals to the government and Rosreestr.on the domestic blockchain platform and sent relevant proposals to the government and Rosreestr.on the domestic blockchain platform and sent relevant proposals to the government and Rosreestr.
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