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FHA stands for Federal Housing Administration; the FHA is an arm of the Department of Housing and Urban Development (HUD). The primary focus of the FHA is to encourage homeownership in the United States. To do this, the FHA insures mortgages against borrower default.
The Department of Housing and Urban Development (HUD) oversees the Federal Housing Authority (FHA). The FHA insures loans made by government-approved mortgage lenders. FHA case numbers are identification numbers used to differentiate between pending FHA mortgage applications. If pertinent details about your home, your income, your co-borrower, or your assets change, you may need a new FHA case number.