HUD assistance helps over 10 million Americans keep a roof over their head. Nine out of 10 households are elderly, disabled or working families. It helps address the dire housing needs in Indian country. The Federal Housing Administration makes home ownership possible for the first time, for first time homeowners. and actively manages over 8 million mortgages. Ginnie Mae is central to the stability of America's housing finance system, responsible for a portfolio of $2.6 trillion. (04:06–04:14)
CLAIM
Asserts that the FHA facilitates first-time homeownership.
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