Solved

What Statement Is True of the Federal Housing Administration

Question 25

Multiple Choice

What statement is true of the Federal Housing Administration?


A) The FHA gave loans directly to home buyers.
B) The FHA issued short-term money for renters.
C) Under FHA guidance, expensive homes were built.
D) The FHA insured long-term mortgages issued by private banks.
E) The FHA focused on renting apartments rather than home purchases.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents