Federal Housing Administration

American  

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

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Example Sentences

As first-time buyers, the Johnsons choose a mortgage backed by the Federal Housing Administration, a government agency within the U.S.

From MarketWatch

When Franklin Roosevelt signed the law creating the Federal Housing Administration in 1934, the country’s political class, or most of it, assumed the government could surmount any problem.

From The Wall Street Journal

They are originated by private lenders and insured by the Federal Housing Administration.

From MarketWatch

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

From MarketWatch

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

From The Wall Street Journal