Wednesday, June 1, 2011

HMLA help borrowers with foreign currency loans

HMLA ready to save not only lost their jobs or part of the income of mortgage borrowers, the newspaper Vedomosti. Support can be obtained and the citizens who occupied housing in the currency or floating-rate For the treatment of state support for such borrowers do not necessarily lose his job or some income. Because of the decline in the ruble exchange rate or growth rate Mosprime (it is usually tied to floating mortgage rates), their income may not be enough to pay the loan. "We agreed that these borrowers should be included in a restructuring program, but on condition that the loan will be denominated, and interest rate - fixed" - said Semenyaka. A source familiar with the proposal HMLA, said that currency or floating loans will be restructured in a corporation if the borrower's bank does not offer such an opportunity, or if conditions are unfavorable bank, the newspaper notes.

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