CONSTRUCTION SAVINGS BANK AS THE SUBJECT OF MORTGAGE CREDITING RELATIONS
The article is devoted to the modern stage of developing mortgage crediting in Russia using the American two-level model. Its adaptation in Russia comes across a number of problems. Firstly, it is the low profit of population, as well as the absence of the developed financial market. It is possible to solve these problems by organizing construction savings banks in the system of mortgage crediting. The research proved that its use in Russian conditions makes it possible to decrease the cost of credit and make it accessible for the population as well as decrease the risks of financial banks. Special attention is paid to the problems of forming legal basis for developing construction savings banks in Russian legislation.