FEDERAL HOUSING ADMINISTRATION (FHA)

What is FEDERAL HOUSING ADMINISTRATION (FHA)?

FEDERAL HOUSING ADMINISTRATION (FHA) meaning in Urban terms is  Provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. FHA insures mortgages on single-family, multifamily, and manufactured homes and hospitals. It is the largest insurer of mortgages in the world, insuring over 34 million properties since its inception in 1934.

 

reference: Glossary of HUD Terms | US Department of Housing and Urban Development

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