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An agency within HUD that provides mortgage insurance on loans by by approved lenders throughout the U.S. and its territories. FHA insures mortgages on single-family, multifamily and manufactured homes and hospitals. The mortgage insurance compensates lenders for losses when borrowers default on their loans.<\/p>", "inDefinedTermSet": "https://affordablehousingonline.com/glossary" },

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Federal Housing Administration (FHA)

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An agency within HUD that provides mortgage insurance on loans by by approved lenders throughout the U.S. and its territories. FHA insures mortgages on single-family, multifamily and manufactured homes and hospitals. The mortgage insurance compensates lenders for losses when borrowers default on their loans.

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