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Public Securities Administration (PSA)

The financial definition for Public Securities Administration (PSA):

The trade association for primary dealers in US government securities, including MBSs.




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Federal Housing Administration (FHA)

Federal Housing Administration (FHA)
Federally sponsored agency chartered in 1934 whose stock is currently owned by savings institutions across the United States. The agency buys residential mortgages that meet certain requirements, sells these mortgages in packages, and insures the lenders against loss.


Letter of Administration

Letter of Administration
A certificate issued by the Court evidencing the appointment of the Administrator of an Estate.


National Credit Union Administration

National Credit Union Administration
Federal agency that oversees and insures the federal credit union system, and is funded by its members.


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Veterans Administration (VA) mortgage


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Public Securities Administration (PSA)
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