Definition of the Federal Housing Administration of the United States

The Federal Housing Administration (FHA), commonly known as the "Federation", is a management organization (company) established with the approval of the US government, and provides mortgage insurance loans with the approval of FHA.

This is the largest mortgage insurance company in the world. Since its establishment, it has provided insurance for more than 340,000 properties every year. It is a management institution created by the American government in 1934 as part of the national housing law. The organization's goals are: to improve housing standards and conditions; Provide mortgage insurance, stabilize the mortgage market and strengthen the management of the secondary real estate market through an appropriate housing subsidy system.