Investor Glossary-federal housing administrationInvestor Glossary-federal housing administrationInvestor Glossary-federal housing administrationInvestor Glossary-federal housing administrationInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Federal Housing Administration

The HTML to link to this page
 

The Federal Housing Administration, or FHA, is an agency of the US Department of Housing and Urban Development (HUD) that provides mortgage insurance, mostly for single-family homes. Congress created the Federal Housing Administration in 1934 as a way to increase homeownership by making mortgages more accessible to low-income families. Today the Federal Housing Administration serves not only low-income, but also middle-income borrowers. The Federal Housing Administration provides this mortgage insurance through its Mutual Mortgage Insurance Fund, which is entirely funded by borrower insurance premiums. A mortgage insured by the Federal Housing Administration is called an FHA loan. The Federal Housing Administration has insured tens of millions of loans in the decades since it was created and insures several million today. The Federal Housing Administration competes with several private mortgage insurers, but it is larger than all of these.



Rate this Federal Housing Administration definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: cancelled check, stock split, ex-dividend, class C shares, balance sheet, dividends payable, deferred tax, 401a, average price per share, stock market close, VIX, current ratio, open position, EBITDA, debt service coverage, irrevocable trust, risk management, required rate of return, retained earnings, inflation, covered put, FICO score, diluted share, APR, quality assurance, 144a, in escrow, wholly-owned subsidiary, ex-dividend date, reverse mortgage, labor relations, 1035 exchange, deferred revenue, Key Rate Duration, Zero Cost Collar, 1031 exchange, option premium, phantom income, LIBOR, command economy, limit order, FTSE, minority interest, margin rate, annual return, implied volatility, real GDP, liquidity ratio, per diem


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use