1
But investors and families said they were not convinced the tightened loan restrictions will work.
2
Effective July 3, the government tightened loan limits for home buyers in regions showing signs of overheating, including Seoul.
3
The central bank has also tightened loan requirements and increased the charge on non-performing loans, which could erode capital and dampen profits.
4
Most recently, HUD last August announced an increase in the initial insurance premiums paid by borrowers, and tightened loan limits for new HECM loans.
5
The central bank had also tightened loan rules late last year by asking mortgage firms to limit loans to 80 percent of the asset value.
6
Seoul home prices continued to rise through fresh mortgage curbs announced in October last year, which includes tightened loan limits for owners of multiple homes.