Federal Housing Administration:

Federal Housing Administration:
A . Agency does not make loans; it only insures them. For this protection the borrower must pay an annual insurance premium to the FHA of 0.5 percent of the outstanding principal amount of the loan
B . Agency does not make loans; upon default, the lender has the option either of assigning the mortgage to the FHA and receiving cash and/or securities equal to the loan amount at the date of the default or of foreclosing on the mortgaged property
C . Establishes standards for property that can not be insured and maximum terms, interest rates, and amounts for the insured loans
D . All of these

Answer: A,B