Farmers Home Administration A government agency that guarantees mortgages secured by residential properties located in rural areas, concentrating on borrowers with income less than HUD's local median income for the area in which they reside (Source: FNMA Selling Guide, Glossary) An abbreviation for the Farmers Home Administration which is an agency of the U S Department of Agriculture (Source: GNMA Document Custodian Manual, Glossary)
Farmers Home Administration, U S Department of Agriculture Rural housing programs formerly run by FmHA are now administered on the national level by the Rural Housing Service (RHS) and in state and local office by Rural Development staff