□ Korea Housing Finance Corporation (HF, CEO Kim Jae-Chun) announced on the 26th that it allocated an additional KRW 2 trillion for the fourth quarter to ensure that conforming loans can be provided as planned for the year.

* If necessary, allocation of even more funds will be considered depending on demand from banks.

□ As of October 19, a total of KRW 16.4 trillion in conforming loans were offered during the year to date. HF intends to set the conforming loan limit flexibly to ensure ready access to funds for first-time homebuyers.

□ The Conforming loan limit was allocated to a total of 14 financial institutions* including Standard Chartered Korea Bank and Woori Bank. HF provided the limit only to those the institutions that expressed their intent to receive the conforming loan limit in HF's survey on additional allocation.

* Shinhan Bank, Woori Bank, Hana Bank, NH Nonghyup, IBK, Standard Chartered Korea Bank, Citibank, Suhyup Bank, Busan Bank, Kyongnam Bank, Daegu Bank, Kwangju Bank, Kyobo Life Insurance, and Heungkuk Life Insurance

□ Conforming loans are fixed-rate mortgage loans on which interest rates at the time of loan extension remain unchanged until their maturity. Commercial banks sell loan products to borrowers, and HF then buys the loans from the commercial banks.

□ An HF official said, "We will help banks ensure that customers who visit a financial institution that has not requested an allocation of the conforming loan limit can be referred to an institution that does handle these loans. The HF Call Center (1688-8114) will provide information on all the financial institutions handling conforming loans."