| 1 |
Sector guaranteed |
Individuals and Corporate
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| 2 |
Eligibility criteria |
Compliance with KHFC Act and relevant regulation
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| 3 |
Risk covered |
Risk covered using contributions and guarantee fee income etc from the Korea Housing Finance Fund
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| 4 |
Beneficiary of guarantee, treatment of guarantee (if applicable) |
Financial institutions, households, businesses
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| 5 |
Payer for guarantee |
Borrowers
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| 6 |
Other Comments |
KHFC’s operations are broadly divided into Proprietary Businesses (e.g., issuance of MBS and MBB) and Government-Entrusted Businesses (e.g., management of the Housing Finance Credit Guarantee Fund). The 'guarantee' you mentioned falls under the Government-Entrusted Businesses, which primarily handles individual guarantees (such as Jeonse loan guarantees) and developer guarantees. Therefore, it is a distinct business line with a different management entity and purpose compared to funding products like MBS or MBB
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