To the question of the problems of development of mortgage lending in the Russian Federation
When addressing the issues of developing directions for improving the housing mortgage lending market, the activation of factors and problems that impede its development comes first: market imbalance, justified by macroeconomic conditions; dynamics of the income level of citizens, their differentiation; real estate pricing and socio-economic features of the country's development, manifested in state support through the use of preferential lending programs. All of the above confirms the need to form a reliable basis for mortgage lending at the institutional level in order to maintain financial stability, which is achieved through the development of modern institutions for mortgage lending, mechanisms for interaction between participants in these credit relations, as well as through the restoration of growth in the Russian economy. The relevance of the research lies in the continuous improvement of mortgage lending in Russia, as well as the significant development of this loan instrument. The trend in the modernization of the lending market is due to the fact that mortgage lending, being a tool for solving socio-economic problems, is increasingly limited in availability due to the low level, constant decline and differentiation of household incomes, with a simultaneous increase in the cost of residential real estate against the backdrop of economic instability. The authors believe that before suggesting directions for improving residential mortgage lending, one should not only identify the problems of the residential mortgage lending market, but consider the likely consequences of these problems in order to form an understanding of which of them require a priority solution.