Aug
07

FHA is the Federal Housing Administration that was created in 1934 and had the intent to regulate interest rates and mortgage terms on the loans that were insured. The FHA was able to help many people become homeowners with their FHA loan guidelines. In 1965, the FHA teamed up with the newly formed HUD or Housing and Urban Development and since then, FHA and HUD have insured over 34 million mortgages. FHA and HUD are still going strong today in helping even more millions of people conquer their dream of being a home owner. They are very busy people

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