Date: 2 months ago   Category: Finance

VTB issued the first mortgage from the electronic mortgage — Rambler News Service


The VTB bank issued the first mortgage loan with use of the electronic mortgage, the press service of credit institution reports. Within the transaction VTB created and sent a package of necessary documents to the Federal Registration Service and also released and registered the mortgage. The transaction was realized with support the House. Russian Federation. "VTB took a serious step towards digitalization of a mortgage. Introduction of the new mechanism will significantly simplify carrying out transactions and in the long term will allow to pass to completely digital format of release and storage of mortgages. The first transaction was realized with support the House. Russian Federation and VTB Specialized depositary" — the Head of Department of mortgage lending of VTB Evgeny Dyachkin noted. He added that after replication of the project on all network already by the end of the year the bank technically will be able to carry out mortgage transactions completely in an online format. As specified in the press service, during the first half of year the bank intends to duplicate this practice in Moscow, Kazan, Tyumen and Ufa.

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