Mortgage And Real Estate News

Friday, August 17, 2018

A New Home for $90,000? Manufactured Housing Is Making a Comeback

While others walked away from manufactured homes, Don Glisson Jr. stuck around.

He's seen the industry's ups and downs in his 36 years working at Triad Financial Services, the third-biggest lender to buyers of factory-made houses in the U.S. The rock-bottom was in the early 2000s, when rival firms were getting fat on subprime loans.


Read more... https://www.bloomberg.com/news/articles/2018-08-16/cheap-and-sleek-manufactured-housing-is-primed-for-a-comeback

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