Real Estate Terms : A to Z
This government agency operates a variety of home-loan programs. Its most popular is the Section 203(b) program, which provides low-rate mortgages to buyers who make a down payment as small as 3 …
Continue Reading about Federal Housing Administration (FHA) →
A fee in any amount that is paid to someone. …
Now officially dubbed Fannie Mae, this federally chartered agency buys mortgages from lending institutions, pools them with other loans, and sells shares to investors. …
Continue Reading about Federal National Mortgage Association (FNMA) →
A group of economists and other experts who set the nation's monetary policy. Its chief tool to control inflation is the power to control interest rates. …
The American home architecture style that evolved after the Revolutionary War. Details include bigger windows and a front doorway surrounded by glass and topped with an arched window. …
The government agency that regulates companies and industries, from credit bureaus and collection agencies to timeshare operators and some creditors. National headquarters: Sixth and Pennsylvania …
Real Estate Terms : A to Z