Mongolia is known for its fierce warriors and nomadic tribesmen roaming in wide open steppes, it is fast becoming an urbanized society in need of housing, especially for its low- income citizens. The most recent census indicates that more than 55 per cent of its people now live in urban centers such as Ulaanbaatar where almost 67 per cent of its citizens are less than 35 years old. Mongolian Housing Finance Corporations CEO recently attended the Asia Pacific  Union for Housing Finance conference in Ulaanbaatar.