Federal Housing Administration's Insurance Program for Home Loans
Author:   Jaime M Lagos
Publisher:   Nova Science Publishers Inc
ISBN:  

9781626188617


Pages:   97
Publication Date:   19 June 2013
Format:   Paperback
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Federal Housing Administration's Insurance Program for Home Loans


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Overview

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.

Full Product Details

Author:   Jaime M Lagos
Publisher:   Nova Science Publishers Inc
Imprint:   Nova Science Publishers Inc
Weight:   0.204kg
ISBN:  

9781626188617


ISBN 10:   1626188610
Pages:   97
Publication Date:   19 June 2013
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Preface; FHA-Insured Home Loans: An Overview; The FHA Single-Family Mortgage Insurance Program: Financial Status & Related Current Issues; The Federal Housing Administration (FHA) & Risky Lending; Myths & Facts Regarding the FHA Single Family Loan Guarantee Portfolio; Testimony of Carol Galante, Assistant Secretary for Housing, Federal Housing Administration; Index.

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