Federal Housing Administration
E1711
The Federal Housing Administration is a U.S. government agency that provides mortgage insurance to encourage lenders to offer affordable home loans, particularly to first-time and lower-income buyers.
Observed surface forms (6)
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal agency
ⓘ
government agency ⓘ |
| abbreviation |
Federal Housing Administration
self-linksurface differs
ⓘ
surface form:
FHA
|
| aimsAt |
borrowers with limited credit history
ⓘ
first-time homebuyers ⓘ low-income borrowers ⓘ moderate-income borrowers ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| doesNot |
originate mortgages directly
ⓘ
service mortgages directly ⓘ |
| foundedBy | United States Congress ⓘ |
| fundingModel | self-funded through mortgage insurance premiums ⓘ |
| hasObjective |
to provide access to mortgage credit during economic downturns
ⓘ
to stabilize the mortgage market ⓘ |
| hasRole |
housing finance regulator
ⓘ
mortgage insurer ⓘ |
| headquartersLocation | Washington, D.C. ⓘ |
| inception | 1934 ⓘ |
| influenced | post–World War II suburban homeownership growth in the United States ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| languageOfWorkOrName | English ⓘ |
| legalBasis | National Housing Act of 1934 ⓘ |
| locatedInTheAdministrativeTerritorialEntity | District of Columbia ⓘ |
| offers |
FHA-insured mortgages
ⓘ
mortgage insurance for manufactured homes ⓘ multifamily mortgage insurance programs ⓘ reverse mortgage insurance through Home Equity Conversion Mortgages ⓘ single-family mortgage insurance programs ⓘ |
| ownedBy | United States government ⓘ |
| parentAgency |
United States Department of Housing and Urban Development
ⓘ
surface form:
U.S. Department of Housing and Urban Development
|
| partOf |
United States Department of Housing and Urban Development
ⓘ
surface form:
U.S. Department of Housing and Urban Development
|
| program |
FHA 203(b) basic home mortgage program
ⓘ
FHA 203(b) basic home mortgage program ⓘ
surface form:
FHA 203(k) rehabilitation mortgage program
Home Equity Conversion Mortgage program ⓘ |
| purpose |
to expand homeownership
ⓘ
to provide mortgage insurance on loans made by FHA-approved lenders ⓘ to reduce lender risk in mortgage lending ⓘ to support affordable housing ⓘ |
| regulates | underwriting standards for FHA-insured loans ⓘ |
| sector |
housing
ⓘ
mortgage finance ⓘ |
| setsPolicyOn |
maximum loan-to-value ratios for FHA loans
ⓘ
minimum borrower credit qualifications for FHA loans ⓘ mortgage insurance premiums for FHA loans ⓘ |
| website | https://www.hud.gov/program_offices/housing/fhahistory ⓘ |
| worksWith |
FHA-approved lenders
ⓘ
banks ⓘ credit unions ⓘ mortgage companies ⓘ |
Referenced by (25)
Full triples — surface form annotated when it differs from this entity's canonical label.
Federal Housing Administration
→
abbreviation
→
Federal Housing Administration
self-linksurface differs
ⓘ
this entity surface form:
FHA
FHA 203(k) rehabilitation mortgage insurance program
→
administeredBy
→
Federal Housing Administration
ⓘ
this entity surface form:
FHA mortgage insurance programs
this entity surface form:
Federal Housing Administration programs
this entity surface form:
FHA
this entity surface form:
FHA-insured mortgages
this entity surface form:
FHA mortgage insurance premiums
United States Department of Housing and Urban Development
→
oversees
→
Federal Housing Administration
ⓘ
this entity surface form:
Federal Housing Administration (FHA) programs