Federal Housing Administration
From Longman Business DictionaryFederal Housing AdministrationˌFederal ˈHousing Adminiˌstration abbreviation FHA nounORGANIZATIONSFINANCE a US government organization that insures lenders of money to people buying homes against the risk of the loans not being repaidMortgage insurance policies issued by the Federal Housing Administration made full repayments to lenders on the loans at the greatest risk of default.