Hedge funds and REITs are buying up the nation’s manufactured home communities, often with support from Fannie and Freddie. But most resident-owned communities can't meet the GSEs' LTV requirements.
New area-based subgoals for minority and low-income census tracts are aimed at reducing the likelihood that GSE loan purchases inadvertently promote gentrification.
Although most housing advocates applauded the Supreme Court’s Collins decision, shareholders argue the justices ignored key points. Nevertheless, legal experts say there’s little chance the plaintiffs will prevail when the case returns to circuit court.