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WHAT IS THE FHA?
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Now an agency within HUD, the Federal Housing Administration was established in 1934 to advance opportunities for Americans to own homes. By providing private lenders with mortgage insurance, the FHA gives them the security they need to lend to first-time buyers who might not be able to qualify for conventional loans. The FHA has helped more than 26 million Americans buy a home.



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Once an industrial town with an economic base in manufacturing, Baltimore's economy is now primarily service-oriented, with its largest employer no longer Bethlehem Steel but Johns Hopkins University and The Johns Hopkins Hospital.

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