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| Industry
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| Fannie
Mae |
America's largest supplier of conventional home mortgages funds, the
nation's sixth largest corporation in terms of assets, and, generally, the
largest issuer of debt in the United States. |
| Freddie
Mac |
stockholder-owned corporation chartered by Congress in 1970 to create a
continuous flow of funds to mortgage lenders. |
| FHA
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The Federal Housing Administration (FHA), a wholly owned government
corporation, was established under the National Housing Act of 1934 to improve
housing standards and conditions; to provide an adequate home financing system
through insurance of mortgages; and to stabilize the mortgage market. FHA was
consolidated into the newly established Department of Housing and Urban
Development (HUD) in 1965. Since 1934, FHA has been extremely successful in
achieving these goals. |
| VA
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The
official homepage for the Department of Veterans Affairs
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