Choose a Letter to view the terms starting with that letter.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Fair Credit Reporting Act
    Law protecting consumers that establishes procedures to correct errors on credit reports and gives consumers specific rights in dealing with credit reporting agencies.

Fannie Mae (FNMA)
    The Federal National Mortgage Association. It purchases, sells and guarantees conventional, VA or FHA mortgages.

Federal Home Loan Mortgage Corporation (FHLMC)
    Purchases conventional mortgage loans in the secondary mortgage market.

Federal National Mortgage Association (FNMA)
    Purchases mortgage loans from primary lenders in the secondary mortgage market.

Federal Truth In Lending Act
    Requires disclosures about terms and costs intended to give consumers cost vs. credit comparisons.

FHA
    Federal Housing Authority. Provides home loan insurance for FHA loans.

Fico Score
    Enables a credit grantor to identify credit prospects with the best credit opportunities.

Fixed Rate Mortgage
    The interest rate on a loan that remains constant throughout the entire term.

Floating Interest Rate
    The interest on a loan before it is guaranteed by a lender.


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