There are two words that are entirely missing from this address by Dr. Mark A. Calabria, Director Federal Housing Finance Agency (FHFA). Those two words? “Manufactured homes.” Perhaps it is no surprise? After all, the plan that has been advanced by the GSEs, as reported earlier this week by … Continue reading ‘All Hat, No Cattle,’ Significant Risk to Financial System – FHFA Director Dr. Mark Calabria Address to MBA