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DEPUTIES THOUGHT OF MORTGAGE STANDARDS

A&G Information Services,  October, 2003  

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A&G Information Services 10-21-2003 DEPUTIES THOUGHT OF MORTGAGE STANDARDS ST.PETERSBURG, RUSSIA, OCT 20, 2003 (A&G News via COMTEX) -- State Dumaaccepted in the second and third reading the law onhypothec securities. The deputies allowed universal banksto issue these securities, but introduced the list ofadditional standards, which banks should observe.

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Thelist of additional mortgage norms is the following:minimum ratio of the sum of allotted credits and mortgagerefund to the own ...

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