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| Façade | The part of a building facing the street or a courtyard.
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| Fair Credit Billing Act. | A federal law that governs credit and charge-card billing errors. If a credit or charge card company violates any provision, , consumers can sue to recover damages.
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| Fair Credit Reporting Act. | A federal law passed in 1971 that regulates the activity of credit bureaus. It is designed to prevent inaccurate or obsolete information from staying in a consumer's credit file and requires credit bureaus to have reasonable procedures for gathering, maintaining and disseminating credit information. The act also requires credit bureaus to show a consumer their credit file if the consumer presents proper identification, although the bureau reserves the right to charge a fee for doing so.
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| Fair Debt Collection Practices Act. | A federal law, passed in 1977 which outlaws debtor harassment and other types of collection practices. The act regulates collection agencies, original creditors who set up a separate office to collect debts, and lawyers who have been hired by the creditor to help collect overdue bills. An original creditor--the company or individual that originally granted the credit--is not covered by the act, but may be covered by similar measures approved by state governments.
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| Fair Housing Act | Landmark federal law passed in 1965 and amended in 1988 that makes it illegal to deny rent or refuse to sell to anyone based on race, color, religion, sex or national origin. The 1988 amendment expanded the protections to include family status and disability.
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| Fannie Mae | The official name of the Federal National Mortgage Association, it is a congressionally chartered, shareholder-owned company that buys mortgages from lenders and resells them as securities on the secondary mortgage market.
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| Farmer's Home Administration | A U.S. Department of Agriculture agency that provides credit to farmers and rural residents.
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| Fascia | A board that connects the ends of the roof rafters and provides a surface to support gutters.
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| Federal Home Loan Mortgage Corp. | The Federal Home Loan Mortgage Corp., commonly known as Freddie Mac. The company buys mortgages from lending institutions, pools them with other loansand then sells shares to investors.
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| Federal Housing Administration | The government agency operates a variety of home-loan programs. Its most popular is the Sec. 203(b), program, which provides low-rate mortgages to buyers who make a down payment as small as 3 percent.
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| Federal National Mortgage Association | Now officially dubbed Fannie Mae, the federally chartered agency buys mortgages from lending institutions, pools them with other loansand sells shares to investors.
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| Federal Reserve Board | A group of economists and other experts who set the nation's monetary policy. Its chief tool to control inflation is the power to control interest rates.
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| Federal style | The all-American home architecture style that evolved after the Revolutionary War from Georgian designs favored by the English. Details include bigger windows and a front doorway surrounded by glass and topped with an arched window.
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| Federal Trade Commission | The government agency responsible for regulating a variety of companies and industries, from credit bureaus and collection agencies to timeshare operators and certain types of creditors. National headquarters: Sixth and Pennsylvania Avenue. NW, Washington, D.C. 20580. Phone: (202) 326-2222.
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| Fee simple | This type of ownership is the maximum interest a person can have in a piece of real estate. It entitles the owner to use the property in any manner they see fit, in accordance with state and local laws.
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