A few months ago, we posted a piece on the pernicious proliferation of acronyms in the real estate sphere. Since then, things have only gotten worse.
Can you explain the differences between FHA, FHFA, FHFB, FHLB, and HHF? How about MHA, CFPB, PRA, HAMP, HAFA, HUD, UP and HDTAGIT?
It’s out of control. And it’s got to stop.
If you agree, post your comments here. Then sign up with our Acronym Action Network (AAN).
By the way, here’s the glossary for the alphabet soup above, with links:
FHA. Federal Housing Administration
FHFA. Federal Housing Finance Agency
FHFB. Federal Housing Finance Board
FHLB. Federal Home Loan Bank
HHF. Hardest Hit Fund
MHA. Making Home Affordable
CFPB. Consumer Financial Protection Bureau
PRA. Principal Reduction Alternative
HAMP. Home Affordable Modification Program
HAFA. Home Affordable Foreclosure Alternatives
HUD. Housing and Urban Development (You knew that.)
UP. Unemployment Program
HDTAGIT. How Did This Acronym Get In There?
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