Korea Housing Finance Corporation was established on March 1, 2004 to promote the home-ownership of low- and mid-income families, bring about a soft-landing in household lending, and nurture the long-term bond market through the introduction of long-term mortgages. Mortgages will be made available on March 25 through nine originating institutions. -Seven commercial banks (Kook-min Bank, Kiup-Bank, Nonghyup, Woori Bank, Korea Exchange Bank, Korea First Bank, and Hana Bank) -Two Life Insurance Companies (Dae-Han Life, Sam-Sung Life)