Korea Housing Finance Corp. - S&P Global Ratings’ Credit Research

Korea Housing Finance Corp.

Korea Housing Finance Corp. - S&P Global Ratings’ Credit Research
Korea Housing Finance Corp.
Published Dec 24, 2009
3456 words — Published Dec 24, 2009
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Almost certain likelihood of support from the Korean government Strong market position in residential mortgage backed securities (RMBS) and long-term fixed-rate mortgage loan markets Strong asset quality Relatively low profitability High business concentration due to legal restrictions Relatively high interest rate risk The ratings on Korea Housing Finance Corp. (KHFC: foreign currency A/Stable/A-1; local currency A+/Stable/A-1) reflect the almost certain likelihood of support from the government of Korea (foreign currency rating A/Stable/A-1; local currency rating A+/Stable/A-1), strong market position in RMBS and long-term fixed-rate mortgage loan markets, and strong asset quality. On the other hand, the ratings also reflect KHFC's relatively low profitability, high business concentration due to legal restrictions, and relatively high interest rate risk. The ratings on KHFC

  
Brief Excerpt:

RESEARCH Korea Housing Finance Corp. Publication date: 24-Dec-2009 Primary Credit Analyst: YuMee Oh, CPA, Tokyo (81) 3-4550-8413; yumee_oh@standardandpoors.com Major Rating Factors Issuer Credit Rating Foreign Currency A/Stable/A-1...

  
Report Type:

Full Report

Issuer
Korea Housing Finance Corp.
Sector
Global Issuers, Structured Finance
Country
Korea
Region
Emerging Markets
Format:
PDF Adobe Acrobat
Buy Now

Korea Housing Finance Corp. – 2010/12/22 – US$ 500.00

Summary: Korea Housing Finance Corp. – 2010/12/22 – US$ 225.00

Korea Housing Finance Corp. – 2011/12/13 – US$ 500.00

Summary: Korea Housing Finance Corp. – 2011/12/13 – US$ 225.00

Korea Housing Finance Corp. – 2012/12/21 – US$ 500.00

Summary: Korea Housing Finance Corp. – 2009/12/24 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Korea Housing Finance Corp." Dec 24, 2009. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Korea-Housing-Finance-Corp-766240>
  
APA:
S&P Global Ratings’ Credit Research. (). Korea Housing Finance Corp. Dec 24, 2009. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Korea-Housing-Finance-Corp-766240>
  
US$ 500.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.