What is an FHA-Backed Mortgage?

Answer FHA-backed mortgages are home loans that the Federal Housing Administration guarantees. This guarantee makes the loan a lower risk for lenders because the FHA protects their investment in case the ... Read More »

Top Q&A For: What is an FHA-Backed Mortgage

Who invented mortgage backed securities?

Mortgage-backed securities (MBSs) were not invented by any one person but rather developed as a tradable entity over time, beginning in the 1970s, and were first introduced by the Government Nation... Read More »

Who created mortgage-backed securities?

Mortgage-backed securities were pioneered in the late 1970s by Lewis S. Ranieri, a trader at Salomon Brothers. Mortgage-backed securities are fixed-income instruments that contain pools of mortgag... Read More »

Who created the mortgage backed security?

Mortgage-backed securities were formed by the U.S. government in 1938, under the Federal National Mortgage Association (FNMA), today known as "Fannie Mae." The purpose of the group was to promote h... Read More »

Mortgage-Backed Securities Registration Requirements?

Mortgage-backed securities (MBS) refer to debt obligations that entitle instrument holders to cash streams from collections of mortgage loans. These mortgage pools, mostly held on residential prope... Read More »