The comments period is closed, but the documents filed can reveal much, and as they are posted by the Federal Housing Finance Agency (FHFA), are becoming a matter of public record.
Among those comments are one that claims to be packed with details that reveal the “true story” of the Government Sponsored Enterprises (GSEs, or Enterprises) – Fannie Mae and Freddie Mac – in implementing the Duty to Serve manufactured housing and other underserved markets.
Among those facts is their pointed aim at those in manufactured housing which MHARR tells MHProNews benefits from the GSEs resistance to fulfilling their Congressionally mandated “duty.”
As regular Daily Business News readers know, the The Manufactured Housing Association for Regulatory Reform (MHARR) is the only Washington, D.C. based “national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.” Rephrasing, unlike the Manufactured Housing Institute (MHI) – which claims to represent all faces of manufactured housing – MHARR plainly state they represent independent producers of HUD Code manufactured homes.
But industry retailers and communities alike have at times found more support and sounder positions from MHARR, than MHI, as multiple MHI award-winner Doug Gorman, or award-winning communities and retail professional Bob Crawford and others have noted.
MHARR’s comments, their full press release and their pointed – and potentially explosive claims that some in manufactured housing are profiting by keeping the Enterprises out of chattel lending, are found at this link here.
Another recent and related MHProNews report, including the DTS comments by publisher L. A. ‘Tony’ Kovach, is linked here. ##
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com