Exchange Currency

mutual mortgage insurance fund

A fund that insures mortgages funded by the federal housing administration (FHA) for family homes. Individuals who have received such mortgage pay a one-time fee of 1.5% of the mortgage loan and annual premiums of 0.5% of the entire loan until they have paid off about one quarter of their mortgage.

Related information about mutual mortgage insurance fund:
  1. Mutual Mortgage Insurance Fund Definition | Investopedia
    A fund that insures mortgages made by the Federal Housing Administration (FHA ) on single-family homes. Mortgagors pay into the fund with a one-time ...
     
  2. FHA Single-Family Mutual Mortgage Insurance Fund Programs - HUD
    US Department of Housing and Urban Development. FHA Single-Family Mutual. Mortgage Insurance Fund. Programs. Quarterly Report to Congress. FY 2010 ...
     
  3. FHA Actuarial Review of the Mutual Mortgage Insurance Fund - HUD
    Actuarial Review of the Mutual Mortgage Insurance Fund. The National Affordable Housing Act requires an independent actuarial analysis of the economic net ...
     
  4. Mutual Mortgage Insurance Fund: Definition from Answers.com
    Mutual Mortgage Insurance Fund Government sponsored mortgage insurance administered by the Federal Housing Administration which insures mortgage ...
     
  5. Risks to the Mutual Mortgage Insurance Fund and - US Government ...
    Dec 1, 2011 ... The Federal Housing Administration (FHA) has helped millions purchase homes by insuring private lenders against losses from defaults on ...
     
  6. Financial Condition of FHA's Mutual Mortgage Insurance Fund
    Sep 23, 2010 ... This testimony is on the financial condition of the Federal Housing Administration's (FHA) Mutual Mortgage Insurance Fund (Fund). FHA has ...
     
  7. GAO: Mortgage Financing: Financial Condition of FHA's Mutual ...
    Sep 27, 2010 ... GAO: Mortgage Financing: Financial Condition of FHA's Mutual Mortgage Insurance Fund. usgao. Subscribe Subscribed Unsubscribe. Loading ...
     
  8. Mutual Mortgage Insurance Fund financial definition of Mutual ...
    Mutual Mortgage Insurance Fund. Also found in: Acronyms, 0.02 sec. Mutual Mortgage Insurance Fund. A pool of liquidity that provides insurance on FHA ...