THE FEDERAL HOUSING ADMINISTRATION’S INSURANCE PROGRAM FOR HOME LOANS (PB 2013). This item is unavailable.
Language: English
Published by NOVA, 2013
- Softcover
- New

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International Edition
Unavailable
Softcover
Condition: New
£ 100.00
Item description from seller
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Seller Inventory # CBS 9781626188617
- Title
- THE FEDERAL HOUSING ADMINISTRATION’S INSURANCE PROGRAM FOR HOME LOANS (PB 2013)
- Author
- LAGOS J.M.
- Publisher
- NOVA
- Publication year
- 2013
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 1626188610
- ISBN 13
- 9781626188617
- Edition
- International Edition
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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