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FMV - Fair Market Value

Last updated 08-20-2026

FHA Single Family Housing Policy Handbook Glossary November 26 2025

Updated 08-20-2026

FMV - Fair Market Value

FNMA - Federal National Mortgage Association (also known as Fannie Mae) FOC - Financial Operations Center FSM - Field Service Manager FTV - First-Time Vacant GAAP - Generally Accepted Accounting Principles

FHA Single Family Housing Policy Handbook Glossary November 26 2025

p. 63

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