Noun | 1. | Federal Housing Administration - the federal agency in the Department of Housing and Urban Development that insures residential mortgages Department of Housing and Urban Development, Housing and Urban Development, HUD - the United States federal department that administers federal programs dealing with better housing and urban renewal; created in 1965 bureau, federal agency, government agency, agency, office, authority - an administrative unit of government; "the Central Intelligence Agency"; "the Census Bureau"; "Office of Management and Budget"; "Tennessee Valley Authority" |