Federal Housing Administration

Federal Housing Administration (FHA)
An agency within the U.S. Department of Housing and Urban Development, founded in 1934, that administers various loan, loan guarantee, and loan insurance programs to increase housing availability.
Federal National Mortgage Association (FNMA)
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a publicly owned government-sponsored enterprise (GSE) that was established to enhance the flow of capital in the mortgage market by purchasing and reselling mortgages.
FHA Mortgage Loan
An FHA Mortgage Loan is a mortgage loan insured by the Federal Housing Administration (FHA). Section 203(b) is the most popular program under FHA.

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