Choi Jun-woo, HF President: "Committed to Enhancing Rights of Financially Marginalized and Vulnerable Borrowers"

Choi Jun-woo, President of Korea Housing Finance Corporation.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Choi Jun-woo, President of Korea Housing Finance Corporation (HF), announced the New Year's address on the 30th, unveiling the blueprint for business operations in 2023.

In his New Year's address, President Choi stated that he will do his best to improve the rights and interests of financially marginalized groups and vulnerable borrowers, ensuring that more citizens can enjoy the benefits of fixed interest rates through policy mortgage products such as the Special Bogeumjari Loan.

He said, “We will carefully manage everything from product design to post-management to enhance the rights and interests of financially marginalized groups with limited accessibility, such as the visually impaired and the elderly, as well as vulnerable borrowers facing crises.”

Furthermore, since the corporation's main products are related to the housing stability of the public, he emphasized fulfilling social responsibility by actively reflecting the housing market and consumer demands to realize relevant requirements and discovering improvements for user convenience so that the public can feel the benefits.

President Choi added, “We will strengthen housing finance services based on digital technology,” and said, “We will advance the linkage of public data to expand non-face-to-face subscription and consultation channels to the housing guarantee and housing pension sectors, simplify procedures to make it easier for the elderly to use, and ensure there is no shortage in guidance and promotion.”

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