In addition to traditional first mortgages, the Federal Housing Administration offers a reverse mortgage program known as a Home Equity Conversion Mortgage (HECM), which helps seniors convert the equity in their homes to cash while retaining the titles to their homes.
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FHA loan — is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally qualified lenders.FHA loans have historically allowed lower income Americans to borrow money for the… … Wikipedia
FHA-Secure — is a Federal Housing Administration refinancing program to help borrowers avoid foreclosure. It is similar to other FHA loan. [ [http://www.hud.gov/news/release.cfm?content=pr07 123.cfm HUD News Release 07 123 ] ] ReferencesWHAT IS… … Wikipedia
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FHA experience — A statistical publication of the FHA that shows the proportion of FHA insured and VA mortgage loans that terminate each year. Mortgage loan mortality tables. American Banker Glossary … Financial and business terms
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
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Federal Housing Administration - FHA — A United States government agency that provides mortgage insurance to qualified, FHA approved lenders. FHA mortgage insurance helps protect lenders from losses associated with mortgage default; if a borrower defaults on a loan, the FHA will pay a … Investment dictionary