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  • September 3, 2010

Real Estate Dictionary

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You are here: Home / Real Estate Terms / F

F

Façade

The part of a building facing a street or courtyard. …
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Facilitator

A real estate professional who assists in a transaction but does not have a agency relationship with that party. Also known as transaction broker or intermediary. …
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Fair Credit Billing Act

A federal law that governs credit and charge card billing errors. If a credit or charge card company violates any provision, consumers can sue to recover damages. …
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Fair Credit Reporting Act

A federal law designed to regulate procedures and prevent old or inaccurate information from staying in consumer credit files. The act gives individuals the right to inspect their own credit files, although the credit bureau may charge a fee. …
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Fair Debt Collection Practices Act

A federal law which outlaws debtor harassment, and regulates collection agencies, original creditors' collection offices (if separate), and creditors' lawyers. The original creditor may be covered by state law. …
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Fair Housing Act

Landmark federal law that makes it illegal to refuse to rent or sell to anyone based on race, color, religion, sex, or national origin. The 1988 amendments to the act expanded the protections to include family status and disability. …
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Fannie Mae

The official name of the Federal National Mortgage Association, it is a congressionally chartered, shareholder-owned company that buys mortgages from lenders and resells them as securities on the secondary mortgage market. …
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Farmer’s Home Administration (FmHA)

A U.S. Department of Agriculture agency that provides credit to farmers and rural residents. …
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Fascia

A flat board that runs horizontally along the eaves of a roof, typically capping the ends of the roof rafters to give the roof edge a more finished look and provide a base for attaching gutters. …
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Federal Home Loan Mortgage Corporation (FHLMC)

The Federal Home Loan Mortgage Corporation is commonly known as Freddie Mac. The company buys mortgages from lending institutions, pools them with other loans, and sells shares to investors. …
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