Federal Housing Administration - FHA
- Federal Housing Administration - FHA
A United States government agency that provides mortgage insurance to qualified, FHA-approved lenders. FHA mortgage insurance helps protect lenders from losses associated with mortgage default; if a borrower defaults on a loan, the FHA will pay a specified claim amount to the lender.
When the Federal Housing Administration was established in 1934, it was intended to stimulate the housing industry. By providing insurance to lenders, the idea was that more people would be able to qualify for mortgages, and therefore, purchase a home. FHA loans are generally given to people who otherwise would be unable to qualify for a conventional home mortgage loan.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Federal Housing Administration — FHA Staatliche Ebene Bund Aufsichtsbehörde(n) … Deutsch Wikipedia
Federal Housing Administration — ( FHA) A division of the U.S. Department of Housing and Urban Development that insures residential mortgage loans and sets construction standards. Chicago Board of Trade glossary Federal Housing Administration ( FHA) An agency within the… … Financial and business terms
Federal Housing Administration (K) — Federal Housing Administration 203(k) Aux États Unis, la section 203(k) des buts de la Federal Housing Administration (FHA) est un programme de réhabilitation et de rénovation de l immobilier familial. Il est un outil important de la… … Wikipédia en Français
Federal housing administration 203(k) — Aux États Unis, la section 203(k) des buts de la Federal Housing Administration (FHA) est un programme de réhabilitation et de rénovation de l immobilier familial. Il est un outil important de la revitalisation des quartiers et d incitation à l… … Wikipédia en Français
Federal Housing Administration — The Federal Housing Administration (FHA) is a United States government agency created as part of the National Housing Act of 1934. The goals of this organization are: to improve housing standards and conditions; to provide an adequate home… … Wikipedia
Federal Housing Administration — Logo de la FHA La Federal Housing Administration (FHA) (en français : « Administration fédérale du logement ») est une agence gouvernementale américaine créée en 1934 par le National Housing Act promulgué sous Roosevelt. Sommair … Wikipédia en Français
Federal Housing Administration 203(k) — Aux États Unis, la section 203(k) des buts de la Federal Housing Administration (FHA) est un programme de réhabilitation et de rénovation de l immobilier familial. Il est un outil important de la revitalisation des quartiers et d incitation à l… … Wikipédia en Français
(the) Federal Housing Administration — the Federal Housing Administration [the Federal Housing Administration] (abbr the FHA) the US government organization that was started in 1934 to provide houses for poor families and ↑minority groups. The FHA insures ↑mortgages and i … Useful english dictionary
Federal Housing Administration — (FHA) The FHA was established with the National Housing Acts of 1934 and 1937. The intention of the legislation was to provide work for unemployed building workers by tackling problems of poor housing. The administration was empowered to… … Historical Dictionary of the Roosevelt–Truman Era
the Federal Housing Administration — UK US noun (ABBREVIATION the FHA) GOVERNMENT, PROPERTY ► a financial organization within the US government that insures banks that lend money to house buyers: »The report shows about 28 percent of loans made were through the Federal Housing… … Financial and business terms
