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(AFX UK Focus) 2009-06-18 08:47 UPDATE 1-S.Korea says recent mortgage lending growth rapid (Interactive Investor)

Posted by mortgage 1070 days ago (Editorial)

SEOUL, June 18 (Reuters) - A top South Korean regulator said on Thursday that recent mortgage lending growth in the country had been "rapid" and that the regulator was closely monitoring the trend. Financial Supervisory Service (FSS) Governor Kim Jong-chang told a news conference that home-backed loans had expanded at an average 3 trillion won ($2.4 billion) a month recently, a faster rate than .