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In Russia, most of the mortgage transactions will be registered online
By the end of 2020, 80% of all mortgage transactions in Russia will be registered online. This was stated by the General Director of DOM.RF Vitaly Mutko.
According to TASS, in early April, only 8% of such transactions were made, in May - 40%, and by the end of the year it can reach 80%. According to Mutko, even with the opening of the MFC, the need for such a format will not disappear.
In April, an average of 5,5 thousand applications for registering a mortgage per day were registered in Rosreestr. Of these, 40% are in electronic form.