Korea Housing Finance Corporation

South Korea's Housing Finance Corporation is reported to have uncollected funds approaching 2 trillion won, according to coverage by the Chosun Ilbo. The figure points to a substantial backlog of money owed to the state-run housing finance body, raising questions about the scale of delinquencies and how effectively the corporation recovers loans and guarantees.

South Korea's Korea Housing Finance Corporation is reported to hold close to 2 trillion won in unrecovered jeonse rental guarantees. The figure highlights continued strain in the jeonse system, where tenants deposit large lump sums and guarantors face losses if homes are not returned. Attention is turning to the scale of the corporation's exposure and what it means for housing market risk.