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Home » Store » News » Fannie Lauded for Return to Manufactured Housing

Fannie Lauded for Return to Manufactured Housing

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Fannie Mae scored some points with officials in the manufactured housing industry – and most likely on Capitol Hill as well – for its recent decision to resume purchasing a high loan-to-value financing product. The GSE announced last week that it would once again purchase 30-year loans for manufactured housing units that are secured with down payments of only 5 percent. Last summer, Fannie declared that all 30-year manufactured-housing loans would have to include downpayments…
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