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FOVI

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AcronymDefinition
FOVIFondo de Operación y Financiamiento Bancario a la Vivienda (Mexico low income mortgage program; now SHF)
FOVIFriends of Vincent Irizarry (fan club)
FOVIField of View Imaging (telescopy)
FOVIFirst-Order Value Iteration (algorithm; Markov Decision Problem)


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It emerged from FOVI in 2002 to take on a role much like Fannie Mae's, facilitating mortgage financing for low- to moderate-income buyers.
INFONAVIT obtains its funds from mandatory pension deposits from private employers; FOVI is funded primarily by the Mexican Central Bank, with support from the World Bank and other miscellaneous sources.
FOVI funds mortgages through private mortgage lenders and the loans are for the most part targeted to borrowers with modest income and to new construction.
 
 
 
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