Korea Housing Finance Corporation Expands Consumer-Oriented Services and Strengthens Housing Pension... Reviewing "80 Years of Housing Finance in Korea"

2025 HF Housing Finance Conference Held
Discussing Responses to Aging Population and Household Debt

Korea Housing Finance Corporation (President Kim Kyunghwan) held the "2025 HF Housing Finance Conference" under the theme "80 Years of Housing Finance in Korea and Our Challenges" at the Bankers Club in Myeong-dong, Seoul, on May 30.

In his opening remarks, President Kim Kyunghwan stated, "This event is an opportunity to reflect on the achievements of Korean housing finance over the past 80 years since liberation and to explore the future direction of the corporation." He added, "We will contribute to housing stability for actual demanders and vulnerable groups by expanding consumer-oriented finance and revitalizing the housing pension."

2025 HF Housing Finance Conference.

Kwon Daeyoung, Secretary General of the Financial Services Commission, said in his congratulatory speech, "The Housing Finance Corporation has played a central role in the development of housing finance through products such as the Bogeumjari Loan, Jeonse and monthly rent guarantees, and the housing pension." He emphasized, "It is important to proactively respond to potential risks and to address policy blind spots."

Bertrand Renaud, former advisor to the World Bank and keynote speaker, said, "As geopolitical fragmentation intensifies, uncertainty in the global financial market is increasing." He added, "Korea needs to strengthen the resilience of its housing finance in response to structural factors such as an aging population, the Jeonse system, and high household debt."

Kim Kwanguk, head of the Policy Research Team at the Housing Finance Research Institute, said, "The housing pension is a policy tool that can help alleviate poverty in old age and stimulate the economy." He continued, "It is necessary to increase the subscription rate by narrowing the gap between the Seoul metropolitan area and other regions and by enhancing product competitiveness."

The subsequent panel discussion featured a variety of expert proposals.

Kwak Noseon, president of the Korea Finance Association, emphasized, "Policy innovation is needed to address current issues such as household debt management and the stabilization of real estate project financing (PF)."

Nam Youngwoo, president of the Korea Housing Association, asserted, "Along with expanding the securitization of housing finance, the public function of the housing pension should be strengthened."

No Seunghan, vice president of the Korea Real Estate Analysis Association, suggested, "The corporation needs to take a leading role in PF project feasibility assessments and certification systems."

Jung Dae, president of the Korea Association of Financial Consumers, said, "I hope that policy products such as the Bogeumjari Loan will contribute to solving socioeconomic issues such as aging and the real estate downturn."

Cho Hoon, president of the Korea Financial Engineering Association, proposed, "Improvements such as raising the collateral housing price standard are needed to expand the subscription to the housing pension."

A representative from the Housing Finance Corporation stated, "Based on the various opinions raised at this conference, we will proactively respond to the changing environment and enhance the corporation's public role and effectiveness."

This conference was jointly organized by five academic associations: the Korea Financial Engineering Association, the Korea Association of Financial Consumers, the Korea Finance Association, the Korea Real Estate Analysis Association, and the Korea Housing Association.