16 April 2008, 17:26
The Bill (Reg. No.2123) was elaborated "to extend financial resources allocated for mortgage lending, reduce the cost of mortgage loans, and improve public access to such loans". The Bill also aims at minimization of initial fee of mortgage loan recipients, and extension of crediting term.
The Committee members endorse the very idea of mortgage lending. However, the People´s Deputies believe that the Bill needs further elaboration.