F.H.A. Loans Help Sales

When the credit markets snapped shut last year, getting a home mortgage became tricky business. The federal government stepped in to fill some of that void with loans insured by the Federal Housing Administration. The loans now make up nearly a quarter of the market, up from just 2 percent three years ago. Loans insured by the F.H.A., an arm of HUD, protect lenders from losses, thereby encouraging them to provide financing to those who might otherwise be refused a mortgage.

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