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Federal Housing Administration

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Federal Housing Administration (FHA)
Federally sponsored agency chartered in 1934 whose stock is currently owned by savings institutions across the United States. The agency buys residential mortgages that meet certain requirements, sells these mortgages in packages, and insures the lenders against loss.

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Prior to joining DBBM, Halpern held senior management positions with the Department of Housing and Urban Development (HUD) and Federal Housing Administration, including director of Housing Development for HUD's San Francisco Regional Office.
In addition, a teacher who finances his or her mortgage through the Federal Housing Administration can buy a house with a down payment as low as $100.
And in light of the $5 billion surplus for 2000 announced by the Federal Housing Administration (FHA), a second "National Call for Action on Housing" was sent this past September to Clinton; presidential candidates George W.
 
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Federal Home Loan Mortgage Corp.
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