BankHeadOffice.com
        Bank Head Office Worldwide

Japan Housing Finance Agency (JHF) is an incorporated administrative agency, 100% owned by the Government of Japan. It was established in 2007 to succeed the Government Housing Loan Corporation of Japan (GHLC) that was established in 1950. JHF does not originate mortgages, but purchases fixed rate mortgages originated by private lenders and package those mortgages into Mortgage-backed Securities (MBS). JHF is the largest issuer of MBS in Japan.

After succeed GHLC, it has adopted new business model by enabling private financial institutions to create a steady supply of long term fixed rate housing loans and the direct housing loans to general public was now abolished. The management concept of JHF is “Based on independent, transparent and efficient management , and in pursuit of the creation of customer value, JHF will provide various kinds of financial services to supply liquidity in the housing finance market, thus contributing to the improvement of housing in the county.

Following the management concept, JHF supports the lending of Flat 35 housing loan, a long-term fixed rate housing loan, in cooperation with the private financial institutions. Flat 35 housing loan is a long-term fixed rate housing loan enabling the borrowers to easily outline their future life plans, whereas Flat 35S housing loan is a loan that promotes the acquisition of energy conserving and earthquake resistance houses. JHF hopes to contribute to the improvement of the life of the people in Japan and the upgrade of the quality of their housings.

JHF has been constantly working towards: strengthening the internal control of JHF by improving Flat 35 housing loan lending criteria: reducing costs by introducing efficient information system and implementing efficient business operation: complying with the business ethics:, and strengthening the risk management framework.
 

In Japan, the Financial Services Agency (金融庁, Kin'yūchō) is responsible for overseeing banking services in order to ensure the stability of the financial system of Japan. Bank of Japan (BOJ) is not a regulatory authority under the Banking Act, but it conducts on-site examinations in order to maintain a safe and sound financial system. These examinations are based on bilateral agreements between the BOJ and financial institutions that have current accounts with it under the Bank of Japan Act.