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FHA mortgage insurance brings loan providers that have security facing losings because the outcome of homeowners defaulting to their mortgages

FHA Analysis The Federal Housing Administration (FHA) insures mortgages on single family and multifamily homes, including manufactured homes and hospitals. The lenders bear less risk because FHA will pay a claim to the lender in the event of a homeowner’s default. Loans must meet certain requirements established by FHA to qualify for insurance. Read more…