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Glossary of Terms > F > FAIR MARKET VALUE (FMV)

FAIR MARKET VALUE (FMV)

A law that regulates the disclosure of consumer credit reports by consumer/credit reporting agencies. This consumer protection law also establishes procedures for correcting mistakes on consumers' credit records.

F Terms

FAIR MARKET VALUE (FMV)

FANNIE MAE (FNMA)

FEDERAL EMERGENCY MANAGEMENT AGENCY

FEDERAL HOUSING ADMINISTRATION (FHA)

FEDERAL RESERVE

FHA MORTGAGE

FIRST MORTGAGE

FIXED-RATE MORTGAGE

FLIPPING

FLOOD INSURANCE

FOR SALE BY OWNER

FORECLOSURE

FREDDIE MAC