Los Angeles sues bond insurers, Wall St banksguardian.co.uk, UK -3 hours agoLos Angeles' complaint said the bond insurers were motivated to make sure bond issuers' credit ratings stayed artificially low, while the guarantors ... Does the lender make privately or federally insured or guaranteed loans? Some mortgage loans may be backed by a federal agency, such as the Federal Housing Administration (FHA loans) or the Department of Veterans Affairs (VA loans).