DEPUTIES THOUGHT OF MORTGAGE STANDARDS

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