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Home » Manufactured Housing Continues Push for Chattel Loans
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Manufactured Housing Continues Push for Chattel Loans

January 8, 2016
Since issuing a proposed rule on duty-to-serve and opening it up to comments several weeks ago, the Federal Housing Finance Agency has received a handful of comments so far, including one from the Wisconsin Housing Alliance stating that the FHFA has “shirked their duties” by ignoring the needs of manufactured housing residents. The trade group, representing factory-built housing interests, noted that there is a gap in access to credit for buyers of used manufactured homes and added that local and national lenders have exited the market in droves thanks to increased regulation. The FHFA tackled duty-to-serve rulemaking in December, several years after being mandated by the Housing and...
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