Friday, February 27, 2015

OZPP filed a lawsuit against the Bank in favor of debtors’ foreign currency mortgage “- RIA Novosti

OZPP filed a lawsuit against the Bank in favor of debtors' foreign currency mortgage "- RIA Novosti

MOSCOW, February 27 – RIA Novosti. Consumer Rights Protection Society (OZPP) on Friday sent a lawsuit against the Central Bank of the Russian Federation to protect the interests of borrowers who received mortgage loans in foreign currency.

“In lawsuit demanded to recognize illegal inactivity of the Central Bank of the Russian Federation, expressed in the absence of protection and stabilization of the ruble, “- said the press service of the OZPP.

Against the background of the dollar and the euro Russians previously have issued foreign currency loans, there were problems with payments on loans. Initiative groups of citizens to demand from the government to help such people to pay off debt. According OZPP, devaluation has affected about one hundred thousand borrowers with foreign currency mortgages.

CBR in turn proposes to increase from April 1, the hazard ratio for the currency mortgages up to 300% from 150%, and is exploring the idea of ​​introducing the same restraining factor on already mortgage loans in foreign currency.

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