Launch Date for “KHFC Mortgages” and Originators
- Date 2004-03-18
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Korea Housing Finance Corporation was established on March 1, 2004 to promote the home-ownership of low- and mid-income families, bring about a soft-landing in household lending, and nurture the long-term bond market through the introduction of long-term mortgages. Mortgages will be made available on March 25 through nine originating institutions.
-Seven commercial banks (Kook-min Bank, Kiup-Bank, Nonghyup, Woori Bank, Korea Exchange Bank, Korea First Bank, and Hana Bank)
-Two Life Insurance Companies (Dae-Han Life, Sam-Sung Life)
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