Page 437 - 2019 6th AFIS & ASMMA

▧ Public Mortgage
- Long-term fixed-rate mortgage loans with principal and interest payments
made in installments over a period of 10 years or longer, these instruments
allow new homeowners to pay back their loans on a stable basis without
the risk of interest fluctuations.
- Volume of Public Mortgage(Underlying Mortgage) supplied : 23,268 billion KRW (2018)
- Outstanding balance of Public Mortgage : 118,663 billion KRW (As of June 2019)
- Accumulated amount of Public Mortgage supplied : 263,265 billion KRW (~ June 2019)
Republic of Korea ▧ Housing Finance Credit Guarantees

- To help make good housing more widely accessible, HF issues letters of
guarantee to eligible prospective home buyers to obtain chonsei loans or
apartment installment payment loans from financial institutions. For home
builders, HF issues letters of guarantees for loans to build apartment
houses to promote housing construction.
- Volume of HF Credit Guarantees provided : 45,469 billion KRW (2018)
| COMPANY | - Outstanding balance of Credit Guarantees : 81,167 billion KRW (As of June 2019)
Korea Housing Finance Corporation - Accumulated amount of Credit Guarantees provided : 337,572 billion KRW (~ 2019 June)
▧ Reverse mortgage Guarantees
| CEO |
- HF helps improve the welfare of senior citizens by offering Reverse
Jung Hwan Lee Mortgage, which enables those aged at least 60 who own homes to put
up their homes as collateral and receive monthly pensions from financial
institutions for the remainder of their lives.
- Volume of Reverse Mortgage Gurantees supplied : 9,899 billion KRW (2018)
» Vision - Total amount of monthly payments on Reverse Mortgage provided : 897 billion KRW (2018)

- The best housing finance institution growing with the happiness of people
- An institution that imporves the quality of life by enhancing the housing
welfare of citizens

» Main Business

▧ Securitization Session I
- HF issues Mortgage-Backed Securities (MBS) and Covered Bond using
mortgage loans transferred from financial institutions as the underlying
assets and sells MBS and MBB to investors to raise long-term, low-
interest capital from the bond market. This has greatly increased the
availability of funds for loans.
- Volume of MBS/Covered Bond issued : 24,848 billion KRW (2018)
- Outstanding balance of MBS/Covered Bond : 119,276 billion KRW (As of June 2019)
- Accumulated amount of MBS/Covered Bond issued : 249,969 billion KRW (~ June 2019)

438 2019 6th AFIS & ASMMA Annual Meeting 439