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Dictionary Real Estate Dictionary F Federal Housing Administration (FHA)
Dictionary Real Estate Dictionary F Federal Housing Administration (FHA)
Federal Housing Administration (FHA)
- DATE ADDED:
- Tuesday, 07 April 2009
- FAVOURED:
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ANSWER
The FHA was set up in1934 under the National Housing Act to encourage improvement in housing standards and conditions, to provide an adequate home financing system by insurance of housing mortgages and credit, and to exert a stabilizing influence on the mortgage market.