Ask Question
BusinessBusiness
20 October, 07:46

It would be hard to overstate the importance of the Federal Housing Administration (FHA) in the history of housing finance. Which of the following instruments created by the FHA is considered the single most important financial instrument in modern housing finance

+5
Answers (1)
  1. 20 October, 10:29
    0
    Fully amortizing payment

    Explanation:

    Fully amortizing payment corresponds to a regular loan payment whereby, when payments are made by the borrower in accordance with the amortization schedule of the loan, the loan will be fully paid off by the end of its term.

    When the loan is a set-rate loan, the same dollar amount for each fully amortizing fee.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “It would be hard to overstate the importance of the Federal Housing Administration (FHA) in the history of housing finance. Which of the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A company has $99,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 4% of outstanding receivables are uncollectible.
Answers (1)
The aggregate demand curve is downward sloping because A. as income increases it causes an increase in the amount of planned expenditures. B. an increase in the price level reduces real money holdings, which reduces the amount of expenditures. C.
Answers (1)
Tar Heel Blue, Inc. has a beta of 1.8 and a standard deviation of 28%. The risk free rate is 1.5% and the market expected return is 7.8%.
Answers (1)
Timothy works at Sunshine Mailing, a daily newspaper, and is responsible for editing the sports column. Chloe, Timothy's manager, asks him to handle the gossip column along with the sports column.
Answers (1)
What is the best conclusion that can be drawn from the information in the chart? It is too expensive for most people to buy a new home. There are additional fees and costs involved in taking out a mortgage.
Answers (1)
New Questions in Business
A corporation with both preferred stock and common stock outstanding has a substantial credit balance in its retained earnings account at the beginning of the current fiscal year.
Answers (1)
A customer owns a convertible subordinated debenture, convertible into common at $25 per share. The bond is currently trading at par. If the bond's market price increases by 20%, the conversion ratio will be:A. 25:1B. 32:1C. 40:1D. 48:1
Answers (1)
True/False Demand in which quantity demanded drops to zero at the slightest increase in price is called perfectly elastic
Answers (1)
All the following are benefits of attending a community college except that
Answers (1)
What type of theory is the expectancy theory
Answers (1)
Home » Business » It would be hard to overstate the importance of the Federal Housing Administration (FHA) in the history of housing finance.
Sign Up Forgot Password?