HF Develops Indicators for Housing Finance Policies

 - HF signs an MOU for joint research with KCB

Korea Housing Finance Corporation (HF, CEO Kim Jae-Chun) joins hands with Korea Credit Bureau (KCB, CEO Kang Mun-Ho), the nation's rating agency specialized in personal credit information, to develop indicators for housing finance policies. 

HF stated on the 12th that it has signed a memorandum of understanding (MOU) with KCB for joint research and cooperation. Under the MOU, the two institutions will develop indicators to monitor housing finance policies through research on different mortgage loans <see the image below>.

An HF official said, "With this MOU, we will play a more active role as a housing finance agency through Big Data analysis on mortgages.”

Currently, HF is carrying out other joint research projects with other housing finance institutions, such as Korea Land & Housing Corporation and Seoul Housing & Communities Corporation, as well as local academic institutions, including Pusan National University and Pohang University of Science and Technology. 

[Image Description]

Korea Housing Finance Corporation CEO Kim Jae-Chun (left) and Korea Credit Bureau CEO Kang Mun-Ho pose for a photo at KCB Headquarters located in Jongno-gu, Seoul, on the 12th after signing an MOU.