In real estate law, a Fee Simple Defeasible is an ownership interest in property that is subject to a specified condition or event. Although the owner holds a fee estate with many of the rights of fee simple ownership, the estate may be terminated if the stated...

In real estate law, a Fee refers to an estate of inheritance in real property. It represents an ownership interest that may be passed on to the owner’s heirs upon death. The most common form of a fee estate is fee simple, which provides the broadest ownership rights,...

In real estate and finance, the Federal Reserve System is the central banking system of the United States, governed by the Federal Reserve Board of Governors. It consists of a central authority and twelve regional Federal Reserve Banks that serve different geographic...

In real estate finance, the Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a government sponsored enterprise that operates as a privately owned corporation. It was originally established as a quasi public agency and later converted to...

In real estate finance, the Federal Housing Administration (FHA) is an agency of the federal government that insures mortgage loans made by approved private lenders. The FHA does not lend money directly to borrowers but provides insurance that protects lenders against...

In real estate finance, the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a government sponsored enterprise that operates as an independent, publicly traded company. Its primary function is to create liquidity in the housing market by...

In real estate and finance, the Federal Deposit Insurance Corporation (FDIC) is an agency of the federal government that insures deposits held at participating financial institutions. This includes commercial banks, savings banks, and savings and loan associations....

In real estate and lending, the Farmers Home Administration was an agency of the United States Department of Agriculture created to provide financial assistance to farmers and residents of rural areas. Its primary purpose was to offer loans and guarantees when...

In real estate finance, Fannie Mae is the common name for the Federal National Mortgage Association (FNMA). It is a government sponsored enterprise created to support the secondary mortgage market by purchasing mortgages from lenders. By buying and securitizing...

In real estate, Fair Market Value is the price a property is most likely to sell for on the open market after being exposed for a reasonable period of time. It assumes that both the buyer and the seller are well informed about the property and its potential uses and...