Federal Housing Administration


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Federal Housing Administration

An agency of the government of the US. which insures loans made by private lending institutions for the purchase, rehabilitation, or construction of housing on private property.
References in periodicals archive ?
* REVERSE MORTGAGES ARE likely to become more popular as the Federal Housing Administration expands its national program.
--0.44% for a mortgage less than one year old insured or guaranteed by the Federal Housing Administration, Veterans Administration or Farmers Home Administration; and
Most of that increase was due to postwar federal housing programs, particularly longterm, low-interest, high leverage mortgages insured by the Federal Housing Administration or guaranteed by the Veterans' Administration.
Merchants Bancorp is a diversified bank holding company operating multiple lines of business, including Federal Housing Administration, multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.
Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business with a focus on Federal Housing Administration (FHA) multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.
First comes Brian Montgomery, the presidents nominee to serve as assistant secretary of Housing and Urban Development and head the Federal Housing Administration.
The schemes varied but resulted from someone using a state certification number of a Federal Housing Administration roster appraiser, HUD's alert said, noting that the FHA roster appraisers had been unaware of the misuse.
Carol Galante, assistant secretary of the Department of Housing and Urban Development (HUD) and Federal Housing Administration (FHA) commissioner, announced in August that she wold leave her position this fall for a position at the University of California (UC) Berkeley.
FEDERAL HOUSING ADMINISTRATION (FHA) issued new guidance allowing select properties outside of the lockout period to benefit from historically low interest rates by requesting a rate reduction.
Berkeley Point originates multi-family loans for Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA).
In its bid to reduce taxpayers' $141 billion exposure to housing mortgage risk and spur private investment in the sector, Fannie Mae, Freddie Mac and the Federal Housing Administration stopped backing jumbo housing loans.
With much of the rest of the mortgage industry in disarray, the Federal Housing Administration has found itself occupying an expanded market niche.

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