Mortgage And Real Estate News

Friday, August 21, 2015

Manufactured home industry pushes for GSE-backed loan programs

The manufactured-housing industry wants Fannie Mae and Freddie Mac to be required to fund higher-risk loans most commonly used to purchase mobile homes.

Industry representatives said this week that the Federal Housing Finance Agency (FHFA), the agency that oversees the government-sponsored enterprises, has been too slow to adopt a mandate in the 2008 Housing and Economic Recovery Act (HERA) that required additional financing for the industry.


Reuters: Business News

National Commercial Real Estate News From CoStar Group

Latest stock market news from Wall Street -


Recent Comments