Meanings of insured mortgages in English

Government- insured mortgages now dominate the housing sector, supporting about nine out of 10 new home loans.

It predicted some banks will continue to fund using insured mortgages until the new law is passed.

Lew said that until Congress acts, the administration was directing the Federal Financing Bank to fund FHA- insured mortgages.

Some areas warrant focused monitoring, the bank said, including the strong growth in securitization of insured mortgages.]

And in 2012 it slowed dramatically after the federal government tightened mortgage lending rules, including shortening the maximum length of government- insured mortgages.

WASHINGTON (Reuters) - The U.S. Justice Department has sued Quicken Loans Inc for filing false claims on government- insured mortgages and other violations.

Spreads on existing covered bonds that are backed by insured mortgages immediately tightened after the announcement, said David Tulk, chief macro strategist at TD Securities.

Now, banks originate less than 14% of FHA- insured mortgages, down from 45% in 2010, the government said on Monday.

And late last year it increased down payments on the portion of a home price above C$500,000 ($369,986.68) for buyers who need government- insured mortgages.