Housing Finance Corporation Signs Business Agreement to Expand MBS and Covered Bond Markets
(From left) Jinwoo Jo, CEO of Korea Standard Chartered (SC) Securities; Jinseop Cha, CEO of Korea Credit Agricole (CA) Securities; Junghwan Lee, President of Korea Housing Finance Corporation; Junhwan Kang, CEO of Korea Soci?t? G?n?rale (SG) Securities
View original image[Asia Economy Reporter Park Sun-mi] Korea Housing Finance Corporation (HF) signed a memorandum of understanding (MOU) on the 28th at its headquarters in Nam-gu, Busan, jointly with three foreign investment institutions to establish a cooperative system for the development of the securitization market.
The foreign investment institutions participating were Standard Chartered (SC) Securities, Credit Agricole (CA) Securities, and Societe Generale (SG).
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This year, HF Corporation has signed MOUs with a total of five foreign investment institutions to expand foreign investment in securitized products such as mortgage-backed securities (MBS). The agreements have been signed and detailed consultations are underway.
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