Krympress reports:
The mortgages have long ceased to be exclusively with a banking tool. Today they are becoming more accessible to private investors, and most importantly, transparent. This is facilitated by the winding window — a relatively new, but actively developing digital platform. What is it, how it is arranged and why it is interesting to those who want to earn a mortgage without intermediaries — we understand in order.
What is a winding window
If you simply explain, the winding window is a digital platform where you can familiarize yourself with already issued mortgage loans, on which there is a mortgage. These mortgages are put up for sale by banks, MFIs or other financial organizations. At the same time, they themselves most often already issued a loan and want to repay part of the funds by selling the rights to the loan (that is, the embedded) to the investor.
The showcase works on the principle of marketplace. Only instead of goods on it are mortgage mortgages. The investor can “delve into” in sentences, compare the parameters, study the details of the transaction and, if everything suits, purchase an interest of interest.
This can be either one specific agreement and a portfolio-that is, several embedded, united according to some signs. For example, in the region, type of real estate or maturity. All this makes the selection process more flexible, and the investment itself is controlled.
What information is presented on the window
To make decisions, the investor needs to understand what he buys. That is why the windows of the embedded https://creditor.ru/vitrina-zakladnykh/ Contain enough information for each sentence. The following data are usually displayed:
— Information about the borrower: age, gender, marital status, credit history and level of income (more often — generally, without name);
— loan parameters: amount, term, interest rate, date of issue and payment schedule;
— Information about the pledge: type of real estate (apartment, house, apartments), its area, address, evaluative value, presence of encumbrances;
— History of payments: are there any delays, how much has already been paid, how long a loan has been serviced;
— The state of the embedded: who issued it, who is the current holder, whether it is registered in the registry.
Different platforms may have different levels of detail, but in general, the investor give enough information to evaluate the risk, potential profitability and liquidity of the object. It is especially important that the data can be analyzed before the purchase — this reduces the likelihood of unpleasant surprises after the transaction.
How is the purchase transaction of the mortgage
When the investor chooses the mortgage of interest, then the legal and technical part begins. The design can occur in different ways, but in general terms the procedure looks like this:
First, the parties sign a contract for the assignment of the rights of claim. This is the main document that fixes that now the rights under the mortgage agreement are transferred from the current holder (most often the bank) to the new — that is, to the investor.
After that, the mortgage data is entered into the electronic register (in Russia — the Unified State Register of Personables of movable property or Rosreestr in the event of a mortgage for housing). Without this, registration of rights will not be considered completed.
The platform through which the transaction has passed may act as an intermediary or technical operator. Some windows themselves are integrated with electronic notaries and registrars, which accelerates the process. Sometimes a complete remote design is possible — without personal visits and paperwork.
Payment is most often made through a billing account or a special nominal account in the bank. This gives additional protection to both parties. After the transaction is completed, the investor receives the rights to a mortgage, which means — for future mortgage payments.
Why are investors of the embedded showcase
First of all, it is an alternative to classic investments. When bank deposits bring modest profitability, and the stock market requires constant attention, mortgages make it possible to configure a passive cash flow on more understandable conditions.
The investor gains access to specific mortgage loans that are already being served. This means that the first payments can come literally a month or two after the purchase. Unlike new buildings, where you need to wait for the commissioning of the facility, here the investment begins to work right away.
The second plus is transparency. Thanks to the window, you can choose those objects that correspond to the individual strategy. Someone prefers to work only with apartments in large cities, someone is interested in short loans, and someone is looking for pledges with a high value of value.
The third argument is the ability to manage risks. If the portfolio is diversified, then the delay on one borrower will not bring down the total income. And if the investor buys embedded with a large discount, then potential profitability may be higher than for many bonds or promotions.
Finally, do not forget about control. Unlike investments in Pyths or funds, here a person himself makes decisions what exactly to buy, on what conditions and at what point.
What are the restrictions and risks of this approach
As in any investment history, you can not do without minuses. The first is limited liquidity. Selling a mortgage “back” on a window or third party will not be so simple. The market is not so deep to ensure a quick resale.
The second risk is a possible delay in payments. Even if everything looked perfect at the time of purchase, the borrower’s situation may change. He fell ill, lost his job, went to default — all this affects the receipt of money.
The third point is legal subtleties. The investor must understand how the assignment agreement works, how the transition of rights is drawn up, how to act in the event of a dispute. Without basic knowledge, you can easily get lost here. Although many windows offer help, the responsibility still remains on the buyer.
There are organizational risks. For example, malfunctions in the work of the platform, errors in the registers, delays with the transfer of funds. Therefore, you need to carefully choose a window: look at her experience, reputation, interface, support.
Conclusion
Smails of mortgages are a step towards a more open and flexible investment market. It combines the manufacturability of digital services and a real mortgage basis. For the investor, this is an opportunity to form a profitable portfolio from understandable and already valid assets, while controlling the risk level and the horizon of investments. Yes, there are its pitfalls, but a competent approach and a sober assessment of the situation allow you to use this tool effectively — especially in combination with other types of investments.
Crimea news | Krympress: Latest news and main events
Comments are closed.