Neuware - The Federal Housing Administration (FHA) was created by the National Housing Act of 1934 in order to broaden home-ownership, protect lending institutions, and stimulate the building industry. The FHA does not make mortgage loans. Rather, it insures mortgage loans made by private lenders that meet certain underwriting and other criteria, thereby expanding the availability of mortgage credit beyond what may be available otherwise. If the borrower defaults on the mortgage, the FHA will repay the lender the remaining amount owed. While the FHA insures a range of mortgage types, including multifamily properties and hospital facilities, this book focuses on the FHA's single-family insurance program.

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Bibliographic Details

Title: Federal Housing Administration's Insurance Program for Home
Publisher: GAZELLE BOOK SERVICES Jun 2013
Publication Date: 2013
Language: English
ISBN 10: 1626188610
ISBN 13: 9781626188617
Binding: Taschenbuch
Condition: Neu
Dimensions: 230 millimeters width by 155 millimeters height by 8 millimeters depth
Weight: 204 grams

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AHA-BUCH GmbH
Garlebsen 48, Einbeck, 37574, Germany

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