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Federal Housing Administration´s Insurance Program for Home Loans
Jaime M Lagos
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Description for Federal Housing Administration´s Insurance Program for Home Loans
Paperback. Editor(s): Lagos, Jaime M. Num Pages: 97 pages. BIC Classification: 1KBB; KFFR; LNSH9. Category: (P) Professional & Vocational. Dimension: 218 x 144 x 8. Weight in Grams: 208.
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 ... Read more
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 ... Read more
Product Details
Publisher
Nova Science Publishers Inc
Number of pages
97
Format
Paperback
Publication date
2013
Condition
New
Number of Pages
97
Place of Publication
New York, United States
ISBN
9781626188617
SKU
V9781626188617
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-2
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