SEOUL, Nov. 21 (Korea Bizwire) — KB Kookmin Bank, one of South Korea’s major lenders, has decided to suspend new household loans for home purchases for the rest of 2025 amid government efforts to cool an overheated property market and curb household lending, officials said Friday. New applications for mortgage loans for home purchases will [...]
New and expanded AI-driven features deliver faster borrower feedback, cleaner loan files and more capacity for loan officers WILMINGTON, N.C., Oct. 02, 2025 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced a new wave of mortgage-focused AI innovations designed to accelerate loan origination, reduce underwriting touches and deliver [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Korea’s financial regulator said Sunday it will require first-tier banks to implement a stricter rule for mortgage lending in the fourth quarter of next year, in a fresh bid to better manage growing household debt. Currently, people’s repayment ability for home mortgages is calculated on a ratio that [...]