Federal Housing Administration

noun

1. a governmental agency created in 1934 to help homeowners finance the purchase and repair of their homes and to stimulate housing construction. FHA

Example Sentences

Most people who are missing mortgage payments likely have loans backed by the Federal Housing Administration, separate data from Intercontinental Exchange suggests.

Read more on MarketWatch

For comparison, Quicken Loans, which does a similar volume of Federal Housing Administration mortgages as D.R.

Read more on The Wall Street Journal

Government-backed mortgages such as Federal Housing Administration or Veterans Affairs loans are already assumable, but they account for a small fraction of the overall market.

Read more on MarketWatch

Zoning became holy writ when FDR, as part of the New Deal, created the Federal Housing Administration, which offered home loans to a disproportionate degree among prospective white owners.

Read more on Los Angeles Times

This included the Better Housing Program, which was designed to make housing and mortgages more accessible and led to the creation of the Federal Housing Administration.

Read more on Seattle Times