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Federal Housing Administration
The Federal Housing Administration (FHA), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a Independent agencies of the United States government, United States government agency founded by President Franklin D. Roosevelt, Franklin Delano Roosevelt, established in part by the National Housing Act of 1934. Its primary function is to provide Mortgage insurance, insurance for mortgages originated by private lenders for various types of properties, including single-family homes, multifamily rental properties, hospitals, and residential care facilities. FHA mortgage insurance serves to safeguard these private lenders from financial losses. In the event that a property owner Default (finance), defaults on their mortgage, FHA steps in to compensate the lender for the outstanding principal balance. Under this insurance arrangement, lenders assume a diminished level of risk, thereby allowing them to offer a larger number of mortgages. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balloon Payment Mortgage
A balloon payment mortgage is a mortgage loan, mortgage that does not fully amortization (business), amortize over the term of the mortgage note, note, thus leaving a balance due at Maturity (finance), maturity.Wiedemer, John P, ''Real Estate Finance, 8th Edition'', p 109-110 The final payment is called a ''balloon payment'' because of its large size. Balloon payment mortgages are more common in Commercial property, commercial real estate than in residential real estate today due to the prevalence of mortgages with longer periods of amortization, in particular, the 30-year fixed-rate mortgages.Fabozzi, Frank J. (ed), ''Handbook of Mortgage-Backed Securities, 6th Edition'', p 1125 A balloon payment mortgage may have a fixed or a floating interest rate. The most common way of describing a ''balloon loan'' uses the terminology ''X'' due in ''Y'', where ''X'' is the number of years over which the loan is amortized, and ''Y'' is the year in which the principal balance is due. An exampl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arlington County, Virginia
Arlington County, or simply Arlington, is a County (United States), county in the U.S. state of Virginia. The county is located in Northern Virginia on the southwestern bank of the Potomac River directly across from Washington, D.C., the national capital. Arlington County is coextensive with the United States Census Bureau, U.S. Census Bureau's census-designated place of Arlington. Arlington County is the eighth-most populous county in the Washington metropolitan area with a population of 238,643 as of the 2020 United States census, 2020 census. If Arlington County were incorporated as a city, it would rank as the third-most populous city in the state. With a land area of , Arlington County is the geographically smallest Administrative divisions of Virginia, self-governing county in the nation. Arlington County is home to the Pentagon, the world's second-largest office structure, which houses the headquarters of the United States Department of Defense, U.S. Department of Defe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colonial Village (Arlington, Virginia)
Colonial Village is a historic garden apartment complex and neighborhood located in Arlington County, Virginia, United States. Built in the Colonial Revival style with garden city design principles, it was constructed in four stages between 1935 and 1940 during the Great Depression and New Deal era. The complex contains a total of 245 buildings arranged around landscaped courtyards with approximately 1,055 apartments. Colonial Village was the first large-scale affordable housing project that was insured by the Federal Housing Administration (FHA). Its popularity resulted in it becoming a model community for the FHA that inspired numerous other developments in the Washington metropolitan area and around the United States. Colonial Village was added to the National Register for Historic Places on December 9, 1980 in recognition of its significance in the early history of the FHA and evolution of garden apartment properties. Today, it has been partially converted to condos and c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FHA Photo
FHA may refer to: * Fair Housing Act, part of the United States Civil Rights Act of 1968 * Federal Housing Administration, a United States government agency within the Department of Housing and Urban Development * Filamentous haemagglutinin adhesin, a large and filamentous protein * Forkhead-associated domain, a recognition domain found in certain regulatory proteins * Foundation for Humanity's Adulthood; see Tim Macartney-Snape * Fraser Health Authority, a publicly funded health care Regions in British Columbia, Canada * Full Height Anamorphic widescreen Anamorphic widescreen (also called full-height anamorphic or FHA) is a process by which a widescreen image is horizontally compressed to fit into a storage medium (photographic film or MPEG-2 standard-definition frame, for example) with a narr ..., a video technique used to store a 16:9 picture in a 4:3 frame * Functional hypothalamic amenorrhea * Future Homemakers of America (FHA) was a national organization of high sc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Veterans Affairs
The United States Department of Veterans Affairs (VA) is a Cabinet-level executive branch department of the federal government charged with providing lifelong healthcare services to eligible military veterans at the 170 VA medical centers and outpatient clinics located throughout the country. Non-healthcare benefits include disability compensation, vocational rehabilitation, education assistance, home loans, and life insurance. The VA also provides burial and memorial benefits to eligible veterans and family members at 135 national cemeteries. While veterans' benefits have been provided by the federal government since the American Revolutionary War, a veteran-specific federal agency was not established until 1930, as the Veterans' Administration. In 1982, its mission was expanded to include caring for civilians and people who were not veterans in case of a national emergency. In 1989, the Veterans' Administration became a cabinet-level Department of Veterans Affairs. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fannie Mae
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitization, securitizing mortgage loans in the form of mortgage-backed security, mortgage-backed securities (MBS), allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations (or "thrifts"). Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac. In 2024, with over $4.3 trillion in assets, Fannie Mae is the largest company in the United States and the fifth largest company in the world, by assets. Fannie Mae was ranked number 27 on the Fortune 500, ''Fortune'' 50 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A Forgotten History Of How Our Government Segregated America
A, or a, is the first letter and the first vowel letter of the Latin alphabet, used in the modern English alphabet, and others worldwide. Its name in English is '' a'' (pronounced ), plural ''aes''. It is similar in shape to the Ancient Greek letter alpha, from which it derives. The uppercase version consists of the two slanting sides of a triangle, crossed in the middle by a horizontal bar. The lowercase version is often written in one of two forms: the double-storey and single-storey . The latter is commonly used in handwriting and fonts based on it, especially fonts intended to be read by children, and is also found in italic type. In English, '' a'' is the indefinite article, with the alternative form ''an''. Name In English, the name of the letter is the ''long A'' sound, pronounced . Its name in most other languages matches the letter's pronunciation in open syllables. History The earliest known ancestor of A is ''aleph''—the first letter of the Phoenician ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McGraw-Hill Professional
McGraw Hill is an American education science company that provides educational content, software, and services for students and educators across various levels—from K-12 to higher education and professional settings. They produce textbooks, digital learning tools, and adaptive technology to enhance learning experiences and outcomes. It is one of the "big three" educational publishers along with Houghton Mifflin Harcourt and Pearson Education. McGraw Hill also publishes reference and trade publications for the medical, business, and engineering professions. Formerly a division of The McGraw Hill Companies (later renamed McGraw Hill Financial, now S&P Global), McGraw Hill Education was divested and acquired by Apollo Global Management in March 2013 for $2.4 billion in cash. McGraw Hill was sold in 2021 to Platinum Equity for $4.5 billion. History McGraw Hill was founded in 1888, when James H. McGraw, co-founder of McGraw Hill, purchased the ''American Journal of Railwa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Down Payment
In accounting, a down payment (also called a deposit in British English) is an initial up-front partial payment for the purchase of expensive goods or services such as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction. A loan of some sort is then required to finance the remainder of the payment. The main purposes of a down payment is to ensure that the lending institution has enough capital to create money for a loan in fractional reserve banking systems and to recover some of the balance due on the loan in the event that the borrower defaults. In real estate, the asset is used as collateral in order to secure the loan against default. If the borrower fails to repay the loan, the lender is legally entitled to sell the asset and retain enough of the proceeds to repay the remaining balance on the loan, including fees and interest added. A down payment, in this case, reduces the lender's risk to less than the value of the colla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Homer Hoyt
Homer Hoyt (June 14, 1895 – November 29, 1984) was an American economist known for his pioneering work in land use planning, zoning, and real estate economics. He conducted notable research on land economics and developed an influential approach to the analysis of neighborhoods and housing markets. His sector model of land use was influential in urban planning for several decades. His legacy is controversial today, due to his prominent role in the development and justification of racially segregated housing policy and redlining in American cities. Biography Education Hoyt was born in Saint Joseph, Missouri and attended the University of Kansas, graduating Phi Beta Kappa aged 18, with both an A.B. and an A.M. He went on to earn a J.D. in 1918 and a Ph.D. in economics in 1933, both from the University of Chicago. Career Hoyt is notable for his numerous professional roles in academia, government, and the private sector. In 1917, he briefly became an economics instructor a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
