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FHA

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zaidi yu Guest	Posted: Fri Dec 26, 2008 1:14 pm    Post subject: FHA Like 0 Dislike 0 what are difference between Federal Housing Adminstration and Federal housing authoritly. what is FHA stand for? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
apexoffice Moderator Joined: 09 Jul 2008 Posts: 192 Location: Atlanta, GA 55.87 Dollars($)	Posted: Fri Dec 26, 2008 7:55 pm    Post subject: Like 0 Dislike 0 The Federal Housing Administration (FHA) is the federal agency created during the depression in 1934 which federally insures mortgage loans. There are some websites that like to enterchangeably use the term Federal Housing Authority as FHA but the FHA website does not recognize this name. According to the FHA or HUD website, Federal Housing Authority is only used in reference to local housing authorities under federal receivership. Local housing authorities are responsible for programs involving public housing, section 8, etc. I hope this answers your question. _________________ Benjamin Smith Atlanta Area Appraiser

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