Wednesday, June 1, 2011

Mortgages will be left without insurance

FAS plans to achieve the abolition of compulsory personal insurance when issuing a mortgage. Thus, the Federal Antimonopoly Service will provide borrowers with the opportunity to independently choose: Do they want insurance or not. "At the moment, the regulation did not apply for a mortgage, and we plan to supplement the text of relevant provisions that will consolidate at the regulatory level, a ban on the requirement of personal insurance for mortgage», -

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