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KHFC to Share Housing Finance Know-how with 5 Asian Countries
Housing Finance Knowledge
KHFC to Share Housing Finance Know-how with 5 Asian Countries
  • By Yoon Yung Sil
  • August 31, 2017, 02:15
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Korea Housing Finance Corporation President Kim Jae-chun (fifth from right0, and SMC Vice President Peeyus Taechatakrantham (second from right) pose for a photo with other employees after signing the MOU.
Korea Housing Finance Corporation President Kim Jae-chun (fifth from right0, and SMC Vice President Peeyus Taechatakrantham (second from right) pose for a photo with other employees after signing the MOU.

 

The Korea Housing Finance Corporation (KHFC; President Kim Jae-chun) announced on August 30 that it invited employees and executives of the housing finance institutions in the Philippines, Thailand, Indonesia, Myanmar and Kazakhstan that it has signed a memorandum of understanding (MOU) with since 2015 and will hold a workshop to teach expertise and know-how in housing finance until November 1.

At the workshop, the company will talk about the issuance of assets backed securities, revitalization of the MBS market, management of underlying assets and system of housing reverse mortgage.

An official from the KHFC said, “Including the workshop, we will continuously run programs that can strengthen the partnerships with housing finance institutions in other countries.”

The company has signed a MOU with major housing finance institutions in five Asian countries since 2015, expanding international exchanges.