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South Korea's Financial Services Commission Clarifies Mortgage Relief Loan Policy Unchanged on July 29

2026-07-29 06:51:46

According to South Korea's Financial Services Commission Chair Lee Eok-won, on July 29, the government has not shifted its policy on mortgage relief loans, which remain regulated. Speaking in parliament, Lee stated that mortgage relief loans continue to be available within the government's regulatory framework. He clarified that recent discussions with banks focused on adjusting internal lending restrictions rather than changing official policy. The FSC maintained its approach to managing household debt while allowing banks to relax self-imposed lending limits in coordination with authorities, ensuring genuine borrowers can access credit normally.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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