See Also: Federal Housing Administration (FHA)(finance)
Federal Housing Administration (FHA)(money)
Federal Housing Administration(money)
Federal Housing Finance Board (FHFB)(money)
Federal Housing Finance Board (FHFB)(finance)
health care finance administration(medicine)
Federal Aviation Administration, the(dictionary)
Tight money or dear money(finance)
housing(2)(dictionary)
housing(1)(dictionary)

Federal Housing Administration (FHA) (finance) and Near Money (money)


Federal Housing Administration (FHA) (finance)


Federally sponsored agency chartered in 1934 whose stock is currently owned by savings institutions across the United States. The agency buys residential mortgages that meet certain requirements, sells these mortgages in packages, and insures the lenders against loss.





Near Money (money)


Definition: Assets, though not as liquid as cash, that can easily be converted into cash. Bank deposits, Treasury bills, and cash-in value of life insurance policies are examples.

Definition: [crh] Assets that are easily convertible into cash, such as money market accounts and bank deposits.