|
|
Veterans Administration (VA) mortgage |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Veterans Administration (VA) mortgageA home mortgage loan granted by a lending institution to U.S. veterans and guaranteed by the Veterans Administration.Veterans Administration (VA) mortgage Similar MatchesFederal Housing Administration (FHA)Federal Housing Administration (FHA)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. Letters of administrationLetters of administrationAn order made by the court empowering the administrator to settle the affairs of a deceased person in accordance with his/her will where an executor has not been named or has predeceased (or fails to act for some other reason) and similarly when a person has died intestate that is, a deceased person who has failed to make a will. Public Securities Administration (PSA)Public Securities Administration (PSA)The trade association for primary dealers in US government securities, including MBSs. AdministrationAdministrationA company which is in severe trouble, but still with some hope of recovery, may be put into the charge of a court-appointed administrator. Going into administration means the company cannot be wound up without the court's permission. Letter of AdministrationLetter of AdministrationA certificate issued by the Court evidencing the appointment of the Administrator of an Estate. Further SuggestionsNational Credit Union AdministrationNational Credit Union Administration |
|
|
|