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Home » Store » News » Pressure for GSEs to Expand Role in Manufactured Housing Grows, Freddie Forms MH Task Force

Pressure for GSEs to Expand Role in Manufactured Housing Grows, Freddie Forms MH Task Force

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Manufactured housing advocates are pushing for more government-sponsored enterprise support for manufactured lending, especially for chattel loans that are not considered mortgages because the loan is not secured by a dwelling and land. The issue has gathered steam as the Federal Housing Finance Agency works to finalize a “duty-to-serve” regulation for Fannie Mae and Freddie Mac that focuses on mortgage financing for very low-, low- and moderate-income families in rural areas and manufactured housing. Back in May, the Manufactured Housing Institute and representatives from both GSEs had discussed...
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