Rosbank registered changes in the electronic mortgage

2021: Create an Electronic Mortgage Change Agreement with SmartDeal

On October 20, 2021, Rosbank announced that using the SmartDeal platform, it created an agreement to change the electronic mortgage and sent it to Rosreestr. The document was registered and transferred to the depositary. For the first time, a private bank was able to make adjustments to the electronic mortgage mortgage.

The transition to electronic mortgages began in 2018. However, this format became popular with banks only in 2020-2021. The digital version of the mortgage is more convenient than paper documents that need to be stored, searched, transported for securitization - the online format saves banks from such costs.

Credit organizations are faced with the fact that they need to make changes to the mortgage (if the pledgor, pledgee, object characteristics, real estate other conditions of the pledge change, or errors are found). The technical standard for such a change (-) xmlfile was developed until recently. SmartDeal became the first commercial platform to not only issue such a document, but also register it with Rosreestr.

The ability to make changes will make electronic mortgages even more popular for banks, reduce costs and facilitate interaction both with participants in mortgage transactions and with Rosreestr.

Rosbank has been using SmartDeal since 2019. The credit institution began by registering mortgage real estate transactions. Then Rosbank began to issue electronic mortgages through the platform. In 2021, bank employees issued more than 500 electronic mortgages.

We have long been waiting for the appearance of the technical standard and quickly responded to it. To do this, I had to complete the functionality: due to some additional options, the creation of a service for the agreement turned out to be even more difficult than the service for issuing the mortgage itself, but we made these tools as convenient as possible for bank users. This opportunity can be appreciated not only by our customers, but also by banks that issued mortgages without our participation, which now have a need to make changes, "said Alexei Makarov, founder and general director of the Practice.

Realizing that mortgages are very popular, and digitalization is developing at a rapid pace, we continue to actively work to optimize the customer path, increase the convenience of our digital services, and expand their capabilities. Last year, Rosbank House conducted pilot online transactions on the market, including the issuance of mortgages to a client who was outside of Russia at the time of the transaction - in Singapore. And we are glad that now our customers are among the first to be able to take advantage of the convenient opportunity, "said Denis Kovalev, head of Rosbank Dom.

2020: Conducting an online mortgage transaction using the SmartDeal platform

On April 23, 2020, the developer of the platform for electronic interaction with Rosreestr - SmartDeal announced remote transactions with the Aircraft group and Rosbank. More details here.