Ingrid Ripley, executive director of USDA RD’s single-family home guarantee program, said construction lending and manufactured housing loans will help address the housing supply issue in rural America.

Fannie has updated its selling guide to provide modest flexibilities on manufactured home loans, adjustable-rate mortgages and cash-out refinances.

RHS extends Section 502 subsidy pilot program; Rural Development seeks applications for 2023 community development program; FHA promotes 203(k) rehab loans; Nutter shutters; MBA names affordable homeownership advisory council members; Chase launches VA purchase closing cost benefit.

Among the areas that need reform, according to two trade groups: There is no secondary market for the loans. Ginnie Mae could remedy that problem by revising its Title I issuer requirements.

FHA is taking comments on the proposal through Dec. 19...

Industry stakeholders are calling for regulatory and legislative changes to support the FHA Title I manufactured housing program.

Alternate finance options make homeownership possible for first-time buyers unable to access traditional home loans, but more protections are needed to foster sustainable homeownership, according to industry experts.

Ginnie Mae wants to know how the agency and FHA can enhance their respective manufactured housing programs.

If FHA wants to consider the sustainability of manufactured housing, it must work on how personal-property units fit within a manufactured housing community, said FHA Commissioner Julia Gordon.

Habitat for Humanity CEO Jonathan Reckford called on the group’s affiliates and other nonprofits to make new efforts to partner with USDA to improve homeownership in rural areas.