Yashenkov, K.A. Role of mortgage relations at the current stage of economic development of the Russian Federation.

Abstract: Currently in Russia there is great need for provision of bank credits to organizations, enterpreneurs and physical persons. And, of course, the more effective the mechanisms related to return of debts are, the broader is the scope of provision of credit. Mortgage is, undoubtedly, a very effective guarantee in this sphere. Mortgage (immovable property deposit) was recently brought back into the Russian legal system, and, as the author notes, mortgage legislation contains many contradictions, which, in turn cause problems related to protection of interests of the mortgage holders, and limit the possibilities for use of mortgage.