Which agency insures mortgage loans?

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Multiple Choice

Which agency insures mortgage loans?

Explanation:
Mortgage loan insurance is provided by a government-backed program that protects lenders against losses if a borrower defaults. The Federal Housing Administration runs the Mortgage Insurance Program, insuring loans made by FHA-approved lenders. This support helps lenders offer loans with lower down payments and more favorable terms to home buyers. The other agencies listed do different things: the FBI is a federal law enforcement agency, the SSA handles Social Security, and the FDIC insures bank deposits, not mortgages.

Mortgage loan insurance is provided by a government-backed program that protects lenders against losses if a borrower defaults. The Federal Housing Administration runs the Mortgage Insurance Program, insuring loans made by FHA-approved lenders. This support helps lenders offer loans with lower down payments and more favorable terms to home buyers. The other agencies listed do different things: the FBI is a federal law enforcement agency, the SSA handles Social Security, and the FDIC insures bank deposits, not mortgages.

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