South Korean homebuyers are complaining about the growing trend of viewing fees charged by real estate brokers to tour properties that are being marketed for sale and lease. Seoul Economic Daily reports that South Korean brokers believe they should be compensated for...
The South Korean government has created new tools designed to track how cryptocurrency is being used in real estate transactions. Crypto Times reports the National Tax Service (NTS) will roll out the Integrated Virtual Asset Analysis System that will enable...
Newmark Group Inc. (NASDAQ: NMRK) is growing its global presence with the opening of its first office in South Korea and the expansion of its team focused on the Middle East. The new South Korean office is based in the capital city of Seoul and will be led by John...
The South Korean government has launched a task force focused on combating real estate fraud. The Chosun Daily reports the Office for Government Policy Coordination announced the “Real Estate Supervision Task Force” in the wake of disruptive activities in...
The Department of Housing and Urban Development (HUD) and Ginnie Mae signed a memorandum of understanding (MOU) with the Korea Housing Finance Corporation (KHFC) to encourage cross-border investment and collaboration between the US housing finance system and South...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
