- Lim lays out plans during KHFC’s sixth anniversary celebration on March 2, 2010 -

The Korea Housing Finance Corporation (KHFC, CEO Joo-jae Lim) reaffirmed its commitment to become a financial partner for life for the low-income working class. 

“This year, our ambitious goal is to achieve 8 trillion won in Bogeumjari loans, 10 trillion won in issuance of asset-backed securities, and 10 trillion won in housing credit guarantees,” said Lim in a speech delivered at KHFC’s sixth anniversary celebration on Tuesday. “With renewed drive and enthusiasm, we, both the management and staff, must commit ourselves to strengthening our corporation’s position, and act now to establish a foundation for sustainable, independent long-term growth.”

“If the first six years of our existence paved the way to educating the public about our goals in the 21^st century, the next few years will take a different direction,” said Lim. “We should continue to focus on realizing our corporation’s four key values, which are customer orientation, competence first, fair business management, and leadership in change. We should all work to turn KHFC into the nation’s top public financial institution, one that is appreciated and trusted by the public.”

Since it was established six years ago, KHFC has extended 22.7 trillion won in Bogeumjari loans to 270,000 households, 34 trillion won in housing credit guarantees to 131,000 households, 3.2 trillion won in JTYK reverse mortage loans to 2,300 households, and issued 29.8 trillion won in MBS and other asset-backed securities.